To support the implementation of the national and state hydrogen strategies, Geoscience Australia, in collaboration with Monash University, developed an open-source economic model, the Hydrogen Economic Fairways Tool (HEFT), to assess the economic viability of potential hydrogen operations across Australia.
The online tool conducts detailed geospatial-financial analysis to assess the quality of energy resources required to produce low-emissions hydrogen, while considering rail and road transportation infrastructures, pipelines to export ports, and ready access to water, among other factors. The tool supports decision-making by policymakers and investors on the location of new infrastructure and development of hydrogen hubs in Australia.
This project is supported by Geoscience Australia and the Woodside Monash Energy Partnership.
HEFT is accessible here.
Monash University Researchers
Dr Stuart Walsh, Dr Changlong Wang
Publications
2021 – Evaluating the economic fairways of hydrogen production in Australia
Other Media
2021 – Mapping Australia's hydrogen future for large-scale production and delivery