Port of Newcastle Partners with Mitsubishi Heavy Industries to Advance Clean Energy Precinct
Key Ideas
- Port of Newcastle has signed an Advisory Agreement with Mitsubishi Heavy Industries to enhance its Clean Energy Precinct by leveraging MHI's expertise in hydrogen and ammonia technologies.
- The partnership aims to inform the future site layout and design of the Clean Energy Precinct through insights from MHI's knowledge in clean energy production.
- The CEP studies, funded by a $100 million grant for hydrogen readiness, cover various aspects like electrical infrastructure, water services, and storage facilities.
- The collaboration is seen as a significant step towards Newcastle's leadership in the production, storage, and export of clean energy, driving the transition to net zero emissions.
The Port of Newcastle has taken a significant step towards advancing its Clean Energy Precinct by signing an Advisory Agreement with Mitsubishi Heavy Industries Ltd (MHI). This agreement allows the port to benefit from MHI's expertise in hydrogen and ammonia technologies, providing valuable insights for the Front End Engineering Design (FEED) studies of the precinct. CEO Craig Carmody expressed the importance of tapping into MHI's knowledge to shape the future layout and design of the Clean Energy Precinct. The partnership with MHI, a leader in clean energy production technologies, is aimed at informing various aspects of the precinct's development. The studies for the Clean Energy Precinct, supported by a $100 million grant for hydrogen readiness, encompass a wide range of infrastructure from electrical to storage facilities. Federal member Sharon Claydon highlighted the project's significance in leading the region's economic development and transitioning to net zero emissions. Ultimately, the establishment of the 220-hectare Clean Energy Precinct in Newcastle is poised to drive clean energy production, storage, distribution, and export.