Officials Unsure When Hydrogen Production Can Be Profitable Despite Billions in Taxpayer Funding
Despite billions being pumped into trying to kickstart Australia’s hydrogen industry, department officials concede reaching profitability may be a long way off. Jo Evans, the deputy secretary of the Department of Climate Change and Energy, said costs were still too high for hydrogen production. “There’s no way they’ll make a profit at those costs,” Evans told Australia’s Joint Standing Committee ...
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