Despite forecasts of hydrogen’s decline, the industry is maturing, with shipping and aviation embracing hydrogen derivatives like methanol and Sustainable Aviation Fuel (SAF) to decarbonize. Australia, rich in renewable energy, is well-positioned to lead this shift, supported by government programs and private projects like Vast’s Solar Methanol 1. As demand for low-carbon fuels grows, these industries are set to act as key customers, driving the hydrogen economy forward.
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