<div>Australia has ambitions to become a major global hydrogen producer by 2030. The establishment of Australia’s and the world’s hydrogen economy, however, will depend upon the availability of affordable and reliable hydrogen storage. Geological hydrogen storage is a practical solution for large scale storage requirements ensuring hydrogen supply can always meet demand, and excess renewable electricity can be stored for later use, improving electricity network reliability. Hosting thick, underground halite (salt) deposits and an abundance of onshore depleted gas fields, Australia is well placed to take advantage of geological hydrogen storage options to support its ambition of hosting a global hydrogen hub export industry. Using the Bluecap modelling software, we identify regions in Australia that are potentially profitable for large scale hydrogen production and storage. We use the results of this work to suggest high-priority regions for hydrogen development, supporting policy maker and investor decisions on the locations of new infrastructure and hydrogen projects in Australia. <b>Citation:</b> Walsh SDC, Easton L, Wang C and Feitz AJ (2023) Evaluating the Economic Potential for Geological Hydrogen Storage in Australia. <o>Earth Sci. Syst. Soc. </i>3:10074. doi: 10.3389/esss.2023.10074

<div>The “Australia’s Future Energy Resources” (AFER) project, funded under the Government’s “Exploring for the Future” (EFTF) program has been completed. The project’s four modules have evaluated a mixture of energy resource commodities, including natural gas, hydrogen, subsurface storage opportunities for carbon dioxide and hydrogen. They are complimented by several targeted basin inventories which outline the current geological knowledge of energy resources in underexplored, data-poor regions. Several publicly available data sets have been generated and published under the AFER project, including 3,750&nbsp;line-km of reprocessed 2D seismic data, acquired in the Pedirka and western Eromanga basins, of which key lines have been interpreted and integrated with geological and petrophysical well log data. Relative prospectivity maps have been produced for five energy resource commodities from 14&nbsp;play intervals to show the qualitative variability in prospectivity of these resources, including quantitative resource assessments where warranted. Results from the AFER project have helped to identify and geologically characterise the required energy resource commodities to accelerate Australia’s path to net zero emissions.</div> Presented at the Australian Energy Producers (AEP) Conference & Exhibition (https://energyproducersconference.au/conference/)