At our March event, Professor Peter Newman AO, an author of the next IPCC mitigation report, showed how producing solar energy and green hydrogen is likely to transform Western Australia’s economy in a geopolitically significant way.  The slides used in this presentation can be downloaded here

The existing geopolitical order of manufacturing was based firstly in places near coal in Europe and America and then to wherever coal and gas could be shipped easily. That world is changing. Solar and wind energy are now cheaper than any other form of power and it is needed for all parts of the zero carbon economy. Solar and wind-based electricity are needed to make Green Hydrogen which is the only real option to decarbonise process industries. Thus solar power and hydrogen will be the basis of processing minerals and hence down-stream manufacturing. Hydrogen is fundamentally difficult to store and shipping will be extremely expensive.  This is a thermodynamic necessity with geopolitical implications. The world will move towards the production of solar power and green hydrogen near to where minerals are mined.

WA has huge potential to generate solar and wind power in regional areas near mineral deposits required for this new zero carbon economy.  Solar and wind are already being procured for local mining and in the production of Green Hydrogen for use locally. This shift in geopolitics needs to be understood.  Professor Newman will show how Western Australia could become a major source of processed minerals (green steel and green aluminium), food products, and even manufacturing of batteries and electric vehicles. The potential to transform our economy from that of a primary commodities exporter to that of a high quality zero carbon producer will need a completely new set of partnerships between governments and industry.