Already a subscriber?Proposed rules on green hydrogen would prove “catastrophic” for the country’s clean energy export ambitions and may result in taxpayers rewarding producers for making the gas using fossil fuels, clean hydrogen advocates say.
Steve Hoy, chief executive of power tracing technology group Enosi Energy, said the rules would “essentially allow a significant level of greenwash into the hydrogen industry”. Michael Myer, a member of Melbourne’s wealthy Myer family and executive chairman of Sunshine Hydro – which uses Enosi’s technology – said the draft rules would have a “perverse” outcome. He said they would result in a transfer of Australian taxpayers’ money to Europe because hydrogen produced here, using government subsidies, would be taxed at the border in Europe because it would not qualify as “green”.
“The reason hydrogen is even being considered is so we can have a carbon-free fuel for transport and so forth,” he said.Mr Hoy said the Australian rules should insist that renewable generation used to power hydrogen electrolysers is additional to existing renewables output. Otherwise, the large volume of renewable power used for hydrogen could force customers buying green power to switch to fossil fuel-based electricity instead.
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