Over the past decade, the European Union has widely been viewed as being ahead of the renewables curve, and it recently-launched new hydrogen strategy has only served to cement its credentials. The EU has a highly ambitious plan to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countries by 2030 that can export to the EU. That is a good 320x the current global installed capacity of 250 MW. But one desert country could soon make the EU’s hydrogen plans seem pedestrian: Australia is single-handedly developing a monster 15,000-megawatt project that will generate hydrogen for export, potentially making the world’s driest continent the ‘Saudi Arabia of renewables.’ Dubbed the Asian Renewable Energy Hub , the $20B project is set to become the world’s largest wind-solar hybrid with the vast amounts of renewable energy generated used to […]