H2Global’s new €3 billion auction for long-term supplies of renewable hydrogen and its derivatives has received EU approval, including €1.2 billion for regional funding in Canada and Australia. H2Global also progressed partnerships with the Tokyo Metropolitan Government, and the Solar Energy Corporation of India.
The pair have partnered in a feasibility study to decarbonize an existing ammonia plant in the Kwinana Industrial Area in Western Australia via over-the-fence renewable hydrogen, transported via the existing Parmelia Gas Pipeline.
In order to achieve the aggressive Hydrogen Shot initiative goal of $1/kg production cost by 2030, the US Department of Energy sets out a series of performance and capital cost targets for established and lower-TRL electrolyser technologies. Meanwhile, Australia's national science agency CSIRO projects that Australia’s hydrogen electrolyser manufacturing sector could generate AU$1.7 billion in revenue annually by 2050.
Korea Southern Power will co-fire ammonia at Unit 1 of the KOSPO-owned Samcheok Bitdream Headquarters power plant, likely sourcing the ammonia fuel from Pilot Energy’s Mid West Clean Energy Project in Australia.
The Western Green Energy Hub will proceed to the official environmental approvals stage after receiving the green light from state authorities. FID for the first stage of the project is due in 2029.
Australia-based Pilot Energy has been approved as a potential low-emission ammonia fuel supplier under the newly-implemented Clean Hydrogen Production Standard (CHPS) scheme in Korea. In Alberta, Korea Southern Power will work with Hydrogen Canada Corporation to jointly develop a 1 million tons per year ammonia production facility.
Led by the Global Centre for Maritime Decarbonisation, a consortium has successfully executed a ship-to-ship ammonia transfer in outer anchorage, simulating ammonia bunker fuel operations within a port for the first time.
The governments of Australia and Germany have agreed to establish a bilateral H2Global tender, contributing €200 million each to a joint auction. The process will be similar to a recently-concluded pilot auction for long-term ammonia exports from Egypt to Rotterdam, and a just-launched Canadian scheme.