hydrogen
GWE is redefining the hydrogen economy
domestically and globally
Hydrogen is at the heart of the world’s transition to clean energy, and Good Water Energy (GWE) is positioned to be a world leader in this revolution. As nations race to decarbonise, hydrogen is emerging as a sophisticated, renewable solution to bridge the gap between intermittent renewables and the energy demands of heavy industry, transport, and power generation.
Australia’s green hydrogen
market: A nation poised for
global influence
Historically, hydrogen has played a critical role in industrial processes like ammonia, methanol, and petroleum refining primarily produced via fossil-fuel-based methods. But a new chapter is unfolding.
The demand for green hydrogen is accelerating rapidly as a zero-emission fuel for vehicles, power stations, and industrial decarbonisation. International automakers such as Toyota, Hyundai, Honda, BMW, and General Motors are investing heavily in hydrogen-fuelled transport, while countries like Japan and South Korea are emerging as net importers in the growing hydrogen trade.
Australia, with its abundant renewable energy potential, is uniquely positioned to supply the global hydrogen economy. GWE’s geothermal platform allows for low-cost, scalable, and emission-free hydrogen production, unlocking domestic and international opportunities.
Green Hydrogen for remote electricity generation:
A game-changing shift
While hydrogen-powered vehicles, both combustion and hydrogen fuel cell options, are gaining traction, the true disruptor will be remote hydrogen fuel cell electricity generation as a replacement for diesel generation.
To illustrate, replacing diesel generation with hydrogen fuel cell generation and buying Good Water Energy’s branded Good H2, at $20 per kg, will reduce the cost of electricity generation by more than 50%.
This is a game changer for remote mining, communities, mini grids and other industries where diesel electricity is the only current and very expensive energy choice.
GWE's advantage: revolutionising hydrogen transport and storage
One of the most significant challenges in the hydrogen economy is the transport and storage of this light, low-density molecule.
GWE has developed an industry-defining competitive advantage in this area:
- Waste heat integration: Our geothermal system generates excess thermal energy, drastically reducing the electricity required for hydrogen liquification.
- Subsurface hydrogen storage: GWE’s patented underground storage technology cuts CAPEX from ~US$1M per tonne to A$400k per tonne, while reducing energy costs for maintaining liquid hydrogen at -253°C.
- Superior thermal insulation: Our storage systems offer unmatched pressure containment and energy efficiency, ensuring lower ongoing OPEX than traditional surface tank solutions
With projected liquid hydrogen production and storage costs below A$2.00 per kg, GWE offers one of the most cost-competitive solutions in the global market.
The global hydrogen market: Scaling toward 2050
At least 20 countries, representing 70% of global GDP, have launched national hydrogen strategies as part of their net-zero targets. Yet achieving those goals will be impossible without large-scale, renewable hydrogen. Forecasts from the EU, Hydrogen Council, and BloombergNEF indicate hydrogen could grow from 2% of the global energy mix in 2018 to 13–24% by 2050. It is increasingly seen as indispensable for decarbonising:
Steel and cement production
Long-haul road freight, maritime shipping, and aviation
Industrial heating
Power generation and seasonal energy storage
GWE’s infrastructure is built to meet this demand and lead the market.
Japan and the asia-pacific
hydrogen demand surge
Japan is a global frontrunner in hydrogen investment. Its Energy Carrier Project, backed by the Japanese government, is focused on developing cost-effective hydrogen supply chains based on liquid hydrogen, ammonia, and methylcyclohexane carriers.
This strategy is rooted in one truth: Japan cannot meet its decarbonisation goals without importing clean hydrogen. GWE, with its geographic proximity and export-ready green hydrogen infrastructure, is ideally placed to meet this demand, reinforcing Australia’s position as an influential energy exporter in the Asia-Pacific.
From vision to scale: Investment in a global energy transformation
Hydrogen is no longer a theory, it’s a fast-maturing global market. Private investment is surging. Government strategies are unlocking billions in incentives. Share prices in hydrogen-related sectors have soared. But challenges remain: infrastructure, cost, and policy support are still evolving. GWE’s model addresses all three, through proven technology, low-cost production, and strategic market alignment. With falling renewable energy and battery costs, and GWE’s liquid hydrogen production under A$2/kg, green hydrogen is on track to reach commercial parity. All that’s left is scale, and the time to build it is now.