Investor Presentaiton slide image

Investor Presentaiton

$ Deepen trade relationships and O supply capabilities Action theme 3 Establish robust relationships and value chains to supply renewable hydrogen to new and emerging trade partners By leading the nation in the uptake of renewable energy and pioneering grid-scale energy storage solutions, international companies have already begun to recognise South Australia as a destination for sustainable energy investment. Hydrogen provides a further opportunity to build on the existing investment and the State's established record as a reliable supplier of commodities and adopter of new technologies. Attracting investment and capturing a greater share of export markets is also the focus of the South Australian Growth Agenda led by the Department for Trade, Tourism and Investment. New free trade agreements with our regional partners and the Commonwealth Government's commitment to developing a National Hydrogen Strategy also supports South Australia's aim of leveraging its advantages to open up new market opportunities. South Australia is on the move to deepen its trade relationships and supply capabilities... Promote renewable hydrogen through its global network of trade and investment offices The South Australian Government is opening five new overseas trade and investment offices in strategic locations in China, northeast Asia, southeast Asia, the Middle East, and the United States of America to build on its existing overseas presence. South Australia's trade office network will also work alongside the South Australian Agent General's Office in London and Austrade's global network to facilitate business connections and provide support to companies looking to enter international markets, and to overseas investors looking for opportunities in South Australia. Support inbound and outbound trade and investment missions The South Australian Government has increased support to attract major events and business conferences to Adelaide that provide a drawcard for overseas investors and buyers, for example the International Conference on Hydrogen Safety in Adelaide in September 2019. The South Australian Government publishes an Annual Calendar of Inbound and Outbound Trade and Investment Missions that allows local companies to align their overseas engagement with target hydrogen markets. Engage with international hydrogen consortia South Australia is committed to engaging with international hydrogen consortia to share information and cooperate on the scale-up of the global hydrogen production and export industry. South Australia's membership of the Green Ammonia Consortium of global entities with an interest in green (renewable) ammonia is an example of relationship building South Australia is pursuing. Facilitate hydrogen-related foreign direct investment, business migration and business expansion Securing overseas investment in new export-capable industries such as hydrogen will be a major contributor to achieving the South Australian Government's State Growth Plan of accelerating annual gross state product growth to 3 per cent. The Department for Trade, Tourism and Investment is at the forefront of securing new investment in growth industries, and the hydrogen economy is one of the key export-oriented sectors that will contribute to meeting these State Growth Plan targets. Expanding South Australia's modern industrial supply chain to offer the capability and workforce to support the multiple facets of a growing hydrogen economy, from the production of hydrogen (and other hydrogen derived products), to its storage, conversion (power-to-gas and gas-to- power) and its distribution, across both the energy and mobility sectors. Bottom left: Representative Won- Wook Lee, member of Korean National Assembly, cooks on a Heatlie hydrogen barbecue during the H2Korea delegations visit to the Tonsley Innovation District, Adelaide Bottom right: His Excellency the Governor Hieu Van Le AC, Minister for Trade, Tourism and Investment the Honourable David Ridgway MP and Commissioner, South Australia -Japan and Korea, Sally Townsend open the North East Asia Trade and Investment Office South Australian hydrogen engagements in the Asia-Pacific November 2018: Minister for Trade, Tourism and Investment the Hon. David Ridgway MP officially opened South Australia's new Shanghai Trade and Investment Office as the first of five strategic trade and investment offices. February 2019: the Chief Executive of the Department for Energy and Mining Dr Paul Heithersay led a delegation of South Australian hydrogen industry representatives to the 2019 International Hydrogen and Fuel Cell Expo in Tokyo, Japan, as part of a "Team Australia" approach coordinated by Austrade. March 2019: His Excellency the Governor the Honourable Hieu Van Le AC and Minister Ridgway participated in number of hydrogen meetings in Japan and the Republic of Korea as part of the North East Asia Trade Mission and Investment Office opening. July 2019: Ms Sally Townsend, South Australia's Commissioner to Japan and Korea, represented South Australia at the inaugural meeting of the Green Ammonia Consortium in Tokyo. The Government of South Australia, Austrade and CSIRO have been invited to join as advisory members. August 2019: an inbound delegation led by Representative Lee Won-Wook of Korean National Assembly and industry leaders visited Adelaide for meetings with South Australian industry and government, including lunch cooked over a locally-built barbecue fuelled by 100% hydrogen. September 2019: an inbound delegation led by the University of Tokyo and comprising industry representatives from the Renewable Hydrogen Consortium visited Adelaide for meetings with South Australian industry and government. 25 South Australia's Hydrogen Action Plan Government of South Australia September 2019 26 HEATLIE
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