As we move to a lower carbon economy, transitional fuels like gas, low carbon technologies like carbon capture and storage, and new energy sources like hydrogen will be essential.
In addition, Australia is well-placed to build a world class critical minerals sector, which is essential for advanced technologies, such as renewable energy, battery technology and transportation.
This project is evaluating the potential for new energy commodities hosted within sedimentary basins, including oil, natural gas and hydrogen, to support Australia's transition to a low carbon economy. It will also assess the optimal locations for green and blue hydrogen production, including storage areas.
Assessments of hydrogen project viability typically focus on evaluating specific sites for development, or providing generic cost-estimates that are independent of location. In reality, the success of hydrogen projects will be intimately linked to the availability of local energy resources, access to key infrastructure and water supplies, and the distance to export ports and energy markets.
The global transition towards clean and sustainable transport and energy is highly dependent on the supply of critical minerals such as cobalt (Co), graphite, lithium (Li), nickel (Ni), platinum group elements (PGEs) and rare earth elements (REEs). For example, the International Energy Agency forecast global demand for Ni and Co to increase ~20-40 fold by 2040.
To support implementation of Australia's National Hydrogen Strategy, Geoscience Australia in collaboration with Monash University have released the Hydrogen Economic Fairways Tool (HEFT).
Schofield A, Clark A, Doublier MP, Murr J, Skirrow R, Goodwin J, Cross AJ, Pitt L, Duan J, Jiang W, Wynne P, O'Rourke A, Czarnota K and Roach IC (2020)
Our case studies showcase our work, community stories, and emerging benefits and impacts of the Exploring for the Future program.
The Australian Government's Exploring for the Future program, led by Geoscience Australia, was dedicated to supporting a strong economy, resilient society and sustainable environment for the benefit of all Australians through an integrated geoscientific understanding of our mineral, energy and groundwater resource potential.
Launched in 2016, the first 4 years of the program (2016-20) initially focused on northern Australia. Based on the program's success it was extended (2020-24) and expanded across the whole of Australia.
Drawing together data, science and innovative techniques and technology, the program enabled us to map undercover and underexplored areas. This in turn encouraged new investment in 'greenfield' areas by providing security and certainty to our minerals, energy and agriculture sectors as we transition towards a sustainable, low-emissions future.
The evidence gathered through the program is already translating into real impacts, providing industry and communities with vital information they need to confidently plan, make better informed decisions and invest in new developments.
The Exploring for the Future impact pathway summarises how the program has realised its vision.