Origin Energy's $207 Million Green Hydrogen Hub in New South Wales
Key Ideas
- Origin Energy secures planning approval for a $207 million green hydrogen manufacturing hub in New South Wales' Hunter region.
- The project, in collaboration with Orica, aims to produce 5,500 tonnes of hydrogen per year, with a majority to be used for decarbonizing nearby manufacturing operations.
- NSW government's support and efficient planning system are crucial for achieving the state's net zero emissions goal by 2050 and attracting investment for renewable projects.
- Construction of the Hunter Valley Hydrogen Hub, scheduled to begin in mid-2025, will use renewable energy sources and contribute to reducing greenhouse gas emissions.
Origin Energy has received planning approval from the New South Wales government to develop a $207 million green hydrogen manufacturing hub in the Hunter region. The Hunter Valley Hydrogen Hub, to be located near Newcastle on Kooragang Island, will have a 1 GW electrolyser capacity and produce 5,500 tonnes of hydrogen annually. The project, developed in partnership with Orica, aims to supply hydrogen primarily for decarbonizing Orica's nearby manufacturing plant, resulting in significant emissions savings. The NSW Minister for Planning and Public Spaces emphasized the importance of an efficient planning system to attract investments for decarbonization and job creation. Construction is set to commence in mid-2025, with hydrogen production utilizing recycled water and grid-connected electricity supported by renewable generation certificates. Origin Energy plans to source energy from renewable assets or long-term power purchase agreements to ensure the project's energy is certified as renewable, leading to a small net carbon footprint. The Hunter Valley Hydrogen Hub is part of the Port of Newcastle Clean Energy Precinct and has received funding from both the NSW and federal governments. The project aligns with Australia's push for renewable hydrogen and ammonia industries with export capabilities, aiming to contribute to the country's energy transition and sustainability goals.
Topics
South America
Renewable Energy
Energy Transition
Job Creation
Manufacturing
Environmental Sustainability
Government Support
Carbon Footprint
Renewable Investments
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