The Sydney Morning Herald has reported that Europe’s biggest H₂ project — the Port of Rotterdam — is looking to Australian imports to help quadruple supplies of clean energy.

The Port of Rotterdam wants to scale up the supply of Australian H₂ in one of the world’s biggest projects to import and generate the clean and transportable fuel. The project believes Australia can help cut the continent’s reliance on natural gas in the wake of the Russian invasion of Ukraine.

Port executives looked at more than a dozen countries and concluded Australia could produce H₂ at a competitive price due to the cost profile of its renewable energy sources, even after adding the cost of shipping to the Netherlands.

This acknowledgment marks an important step for Australia as it begins to move toward becoming a global leader in H₂ to help the world decarbonize and overcome the global energy crisis.