Australian energy developers are looking to tap into the growing demand for renewable energy coming from Asia by harnessing the power of solar fuels. The government has set a target of 50 per cent renewables in 2030, but it is unclear how much will be achieved through solar. If developers can be successful in this endeavour, solar fuels may become one of Australia’s largest and most profitable energy exports.
Australian energy developers are looking to tap into the growing demand for renewable energy coming from Asia by harnessing the power of solar fuels. These fuels, specifically hydrogen, are generated through the use of solar energy, which Australia typically has an abundance of. If developers can be successful in this endeavour, solar fuels may become one of Australia’s largest and most profitable energy exports.