Port of Newcastle Partners with Mitsubishi Heavy Industries to Drive Hydrogen and Ammonia Ambitions
Key Ideas
- Port of Newcastle signs agreement with Mitsubishi Heavy Industries to develop hydrogen and ammonia facilities as part of Clean Energy Precinct.
- MHI to advise on the development of hydrogen and ammonia hub using its expertise from Takasago Hydrogen Park in Japan.
- Port aims to produce and export green ammonia to nations like Japan and Korea, supporting clean energy transition and climate goals.
- Partnership supported by Australian government funding grant, expected to create jobs and boost regional economy.
The Port of Newcastle in Australia has entered into a partnership with Mitsubishi Heavy Industries (MHI) to advance its hydrogen and ammonia ambitions as part of its transformation into a Clean Energy Precinct. MHI, known for operating the Takasago Hydrogen Park in Japan, will provide expertise to assist in the development of hydrogen and ammonia facilities at the port. The plans include utilizing a significant parcel of land to establish a production, storage, and export hub for clean energy products, focusing on hydrogen and green ammonia. The port aims to produce and export over 600,000 kilo-tonnes of green ammonia annually starting from 2030, targeting markets like Japan and Korea. Additionally, the port is looking to support offshore wind projects and is currently at the FEED and EIS studies stage. The partnership with MHI, supported by Australian government funding, is expected to create jobs during construction and boost the regional economy. Port of Newcastle CEO Craig Carmody highlighted the importance of the collaboration with MHI in unlocking the port's potential as a hydrogen-ready hub by leveraging MHI's expertise in clean energy production technologies.
Topics
Green Hydrogen
Clean Energy
Infrastructure
Job Creation
Economic Development
Logistics
International Trade
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