Australia has pledged hydrogen as an energy source that emits no emissions to the world, spending more than $250B. Analysis by PwC is precise. As countries attempt to develop new energy sources to reduce carbon emissions, the global interest in hydrogen has increased in the month. Australia's plan is dependent on hydrogen. This element is critical to the success of its international racing to make more of the growing demand for energy source. PwC indicated that there are 90 hydrogen tasks still under development, and they would require at most $250 billion of investment. The 20 most enormous technological advances would generate the bulk of the investments. Despite the significant investment, hydrogen costs remain high. This has led to speculation that the alternative energy source will have difficulty coexisting alongside batteries. Batteries, however, have seen much more significant development. PwC believes that production costs will drop quickly, improving Australia's Hydrogen sector outlook. Lachy Haynes stated that other energy-rich nations are racing for this opportunity. "We need a stable and timely regulatory framework that will enable the industry to develop the facilities and track record and export pathways that will ensure our international competitiveness. Australia's potential role in a globally-traded hydrogen market is excellent over the long term. PwC estimates that the electricity cost and electrolysers are the two most significant components of hydrogen production. These elements account for approximately 50 % and 70 respectively. PwC said that increased production of no-emission energy would reduce costs. However, the cost to build hydrogen-producing units (electrolysers) where electrical power splits water into hydrogen is falling. This is consistent with the trend to see an increase in industrialisation. Fortescue Future Industries has several businesses dedicated to building electrolyser facilities to meet this growing demand. FFI started construction in Queensland on its $1B factories. It will make its first electrolysers early in 2023. The increase in supply would drive the prices of electrolysers down from 55% to 65% by 2030, Goldman Sachs calculations. According to Mr Haynes' prediction, the cost of hydrogen production would drop to $1.65/kg by 2050 and to $5.70-$6.10/kg by 2025. PwC stated that the reduction of expenses would be beneficial to potential customers for hydrogen. However, it also suggested that financial investment in the facilities was necessary. Some believe the lack of ideal pipelines is restricting the sector. PwC warned that building the infrastructure would prove costly but stressed that it would be cost-effective and provide market certainty. Australia could encourage excellent personal sector investment if it followed Japan's lead and adopted transportation emissions goals.