Australia and the Netherlands have signed a memorandum of understanding (MoU) to collaborate on the development of a green hydrogen supply chain from Australia to Europe through the Port of Rotterdam.
The MoU was signed on Monday by Australia’s Minister for Climate Change and Energy Chris Bowen and the Netherlands Minister for Climate and Energy Rob during Bowen’s visit to Europe. It adds to existing agreements between the Dutch port and a number of Australian states.
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The memorandum addresses issues such as hydrogen trade policy, standards and certification schemes; port infrastructure and supply chain development; innovative hydrogen technologies and government policies about safety, social licence and regulations for hydrogen.
Australia is looking to harvest its renewable energy resources to produce hydrogen for domestic and global markets. The country’s international clean energy partnerships also include a Hydrogen Accord with Germany. Australia and Germany on Friday announced joint funding for four hydrogen projects.
“Hydrogen is a critical technology for the changing global economy and working with countries like the Netherlands will help Australia realise job and investment opportunities of this new industry, and deliver energy security and emissions reductions for trading partners,” Bowen said.