Oceania Hydrogen Market Report - 2025

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.

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.

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

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.