Keppel Partners with Woodside Energy for Liquid Hydrogen Supply to Singapore Data Centres
Key Ideas
- Keppel has agreed to purchase liquid hydrogen from Woodside Energy to power its data centres in Singapore, forming part of a longer-term lower carbon power portfolio.
- Woodside Energy plans to supply liquid hydrogen beginning in 2030 from its proposed hydrogen production facilities, including H2Perth in Western Australia.
- The non-binding Heads of Agreement signed between Keppel and Woodside involves the supply of 1,000 tonnes of liquid hydrogen daily to Keppel's data centres.
- Both companies expressed excitement about the collaboration, highlighting the potential for lower carbon energy supply and the importance of innovation in the energy transition.
Keppel has entered into an agreement with Woodside Energy to purchase liquid hydrogen for powering its data centres in Singapore. The deal, outlined in a conditional Offtake Term Sheet, allows Woodside to potentially supply liquid hydrogen from 2030 sourced from its planned production facilities, including H2Perth in Western Australia. This initiative is part of Keppel's strategy to build a utility-scale lower carbon power portfolio for its assets, such as data centres. The partnership between the two companies was initially formalized through a non-binding Heads of Agreement in 2023, aiming to ensure a daily supply of 1,000 tonnes of liquid hydrogen to Keppel. Woodside's CEO, Meg O'Neill, emphasized the importance of providing lower carbon energy to Keppel's data centres, while highlighting Woodside's history of safe and reliable energy supply to Asia. Keppel's CEO for Data Centres, Wong Wai Meng, expressed enthusiasm for the collaboration, emphasizing the stable source of lower carbon energy that liquid hydrogen can offer. Both companies see this partnership as a step towards sustainability and innovation in the energy transition, with a focus on serving customers' Net Zero goals. The agreement signifies a significant move towards utilizing renewable energy sources and enhancing the sustainability of data centre operations in Singapore.