Oceania Hydrogen Market Analysis by Application Areas, Upcoming Projects, Policies and Key Players

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Oceania, chiefly through Australia, originally positioned itself as a future export powerhouse for low-carbon hydrogen. However, due to project stalls and cancellations in Australia, the region has lost ground over the past year. This reports analyses Oceania's upcoming production capacity, market leaders, and emerging demand sectors to assess whether the region can still reach its ambitious targets.

Oceania is positioning itself as a key export hub for low-carbon hydrogen, targeting markets such as North and Southeast Asia. Australia, in particular, is leveraging its vast renewable resources and policy incentives to advance large-scale projects toward final investment decisions. Only three countries in the region, namely, Australia, New Zealand, and Papua New Guinea, are actively investing in low-carbon hydrogen. Australia accounts for 99% of the total regional capacity, spread across
more than 170 projects, underscoring its dominant role in shaping Oceania’s hydrogen landscape. The majority of Oceania’s expected 2030 hydrogen capacity remains in the pipeline, with 44% in feasibility, 19% in FEED, 36% in approval, and, so far, only 1% in construction. Additionally, in Australia, 24 hydrogen projects have been stalled, and 29 cancelled entirely. As a result, the deliverability of the region's export targets carries uncertainty.

Scope

Oceania's hydrogen market in a global context

Key regional projects

Low-carbon hydrogen competitiveness drivers in Oceania

Leading countries in Oceania for low-carbon hydrogen production

Key companies and future leaders operating in Oceania's hydrogen market

Intended use sectors for Oceanian hydrogen

Hydrogen policies, strategies, and funding initiatives related to hydrogen in Oceania

Key Highlights

Australia continues to dominate regional capacity. However, in the last year, the region has slipped from fourth to fifth place globally for active and upcoming capacity, as several large-scale developments reduced near-term volumes.

This slowdown has significantly altered the pipeline in the last year, as 44% of the expected 2030 capacity remains in the feasibility stage, as developers reassess timelines and investment commitments.

Sub-national governments remain central to Australia’s hydrogen rollout. However, the effective cancellation of the South Australia Hydrogen Jobs Plan, which cost nearly AUD90m in public funds, illustrates growing execution risks linked to cost inflation and shifting political priorities.

Reasons to Buy

Identify the market trends within the region and key players in hydrogen technologies.

Develop market insight of current, in development and announced capacity and latest trends of the sector.

Understand the region's different scenarios for 2030 based on the likeliness of the projects.

Look at the demand in key application areas across the region

Facilitate the understanding of how the low-carbon hydrogen market is progressing in the region, including an analysis of project stalls and cancellations.

CWP Global
Intercontinental Energy Corp
Climate Impact Corp
Korea Zinc Co Ltd
Aqua Aerem Pty Ltd
Hydrogen Utility Pty Ltd
Oakajee Energy Pty Ltd
Copenhagen Infrastructure Partners KS
H2U Group
BP Plc
Korea Electric Power Corp
Progressive Energy Ltd
Samsung C&T Corp
Infinite Green Energy Pty Ltd
Woodside Energy Group Ltd
BP Plc
Kinara Power Pty Ltd
Pilot Energy Ltd
Allied Green Ammonia Pty Ltd
Engie SA
Edify Energy Pty Ltd
NH3 Clean Energy Ltd
Warradarge Energy Pty Ltd Orica Ltd
Fenix Resources
Fortescue Future Industries (FFI)
Janus Electric Holdings Ltd
Mitsubishi Corp
AMSL Aero Pty Ltd
TR Group
Global Bus Ventures
Toyota NZ
Channel Infrastructure (CHI)
Australian Gas Infrastructure Group
Singapore Power International Pte Ltd
Linde Plc
APA Group
Energy Estate Pty Ltd
First Gas Ltd
Woodside Energy Ltd
Japan SuisoEnergy Co Ltd
The Kansai Electric Power Company Inc

Table of Contents

Overview

Executive summary

Snapshot of the low-carbon hydrogen market

Low-Carbon Hydrogen Market

World’s largest upcoming hydrogen projects up to 2030

Oceania’s largest upcoming hydrogen projects up to 2030

Oceania in a global context

Oceania’s low-carbon hydrogen capacity by development stage

Regional low-carbon hydrogen market

Low-carbon hydrogen competitiveness drivers

Key players for low-carbon hydrogen capacity in Oceania

Hydrogen capacity low-case and high-case scenarios

Demand in Key Application Areas

Target end-use industries for low-carbon hydrogen in Oceania

Transportation

Low-carbon ammonia

Oceania’s largest low-carbon ammonia projects

Synthetic fuels

Hydrogen pipelines and gas blending projects

Policies, Projects, and Key Players

Hydrogen production targets by country

Hydrogen policies: Australia

Hydrogen policies: New Zealand

Sub-national hydrogen policies

International trade agreements and partnerships

Contact us

Table

Oceania’s largest upcoming hydrogen projects up to 2030

Top 5 active and upcoming hydrogen pipelines in Oceania, by length

Top 5 active and upcoming gas blending projects in Oceania, by capacity

International trade agreements and partnerships

Figures

Global vs Oceanian low-carbon hydrogen capacity by development stage

Leading regions' split of active and upcoming low-carbon hydrogen capacity

Active and upcoming low-carbon hydrogen capacity in Oceania by development stage

Leading companies for low-carbon hydrogen net capacity in Oceania in 2030

Oceania low-carbon hydrogen capacity scenarios, 2024-2030

Target end-use industries for low-carbon hydrogen in Oceania

Oceania's maximum low-carbon hydrogen capacity for transportation sector by state, 2025-2030

Leading Oceanian states by low-carbon ammonia production capacity in 2030

Oceania's maximum low-carbon hydrogen capacity for synthetic fuels by state, 2025-2030

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