Woodside and Keppel Pave the Way for Hydrogen-Powered Data Centres in Singapore
Key Ideas
  • Woodside and Keppel signed a Term Sheet for liquid hydrogen supply to power Keppel's data centres in Singapore, promoting cleaner energy sources.
  • The agreement, aiming for a binding offtake agreement by 2030, highlights Woodside's proposed hydrogen production facilities and Keppel's long-term sustainability strategy.
  • Woodside CEO Meg O’Neill and Keppel Data Centres CEO Wong Wai Meng expressed enthusiasm, emphasizing the potential for lower carbon energy supply and decarbonisation.
  • This collaboration aligns with global sustainability goals, the Singapore-Australia Green Economy Agreement, and sets a precedent for innovative energy partnerships.
Australian energy giant Woodside and Singapore-based Keppel Corporation have taken a major step towards sustainable energy by signing a Term Sheet for the supply and purchase of liquid hydrogen. The agreement, signed in October 2024, aims to provide cleaner energy to power Keppel's data centres in Singapore. Woodside's proposed hydrogen production facilities, including the H2Perth project, are set to be key sources of liquid hydrogen, aligning with Keppel's long-term strategy for lower carbon power. Both CEOs expressed excitement about the collaboration, emphasizing the potential for decarbonisation and reducing emissions in energy-intensive industries. This partnership not only sets the stage for hydrogen-powered data centres but also supports global sustainability objectives and economic opportunities in the region. The agreement, though conditional, signifies a milestone in advancing hydrogen opportunities and showcases the potential for innovative energy solutions in the transition towards a lower-carbon future.
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