Augustus Global Investment (AGI) has joined forces with Black & Veatch, a global critical infrastructure solutions leader, to explore the possibilities of green hydrogen generation in Indonesia. The feasibility study, proving technically and economically feasible, opens doors for a groundbreaking USD 500 million project in the Aceh province.
AGI’s visionary project aims to harness green hydrogen production through electrolyzers powered by grid-supplied renewable energy. Black & Veatch’s study provides a detailed plant configuration, technology analysis, and cost estimates for hydrogen generation and storage. The ambitious endeavor is poised to be a catalyst in driving Indonesia’s long-term hydrogen economy, leveraging the nation’s abundant energy and renewable resources, including geothermal energy.
The proposed green hydrogen production plant, slated for the Arun Lhokseumawe Special Economic Zone (SEZ), is designed to produce 98.5 tons of hydrogen per day with a robust 300-megawatt (MW) capacity. The integration of advanced electrolyzers powered by renewable energy sources underscores a commitment to sustainable practices.
The study affirms that the project holds the potential to significantly contribute to Indonesia’s energy transition. With a focus on large-scale renewable energy development, including solar, hydropower, geothermal energy, and hydrogen, Indonesia is making strides toward achieving its carbon neutrality targets.