Australia shows that renewable energies are outpacing fossil fuels, but not by much. The Office of the Chief Economist at the federal Department of Industry, Science, and Resources estimates that Australian resource and energy projects are worth A$702 billion ($471 billion).
The “Ulsan Port Green Hydrogen Logistics Hub Project” was presented at the “2022 International Hydrogen Industry Exchange Online Seminar” hosted online on the 16th by the Ulsan Port Authority (UPA), who also spoke as a Korean speaker.
A large number of projects totalling 266 billion Australian dollars ($178 billion) have been proposed for it, but only one hydrogen project has received Australia Investments’ commitment. This demonstrates the scope of the challenge it faces in its quest to become a significant exporter of clean fuel.
A hydrogen and methanol production facility will be built in Tasmania by Iberdrola in partnership with Abel Energy. The plant’s initial output is scheduled for 2026 and its construction will cost $1.7 billion.
To the benefit of the greater Hunter, a $100 million investment will ensure that Labor’s vision is realized at the Port of Newcastle.
In order to complete the $600 million project by 2025, the South Australian government has selected potential locations for its hydrogen power plant.
A long-term agreement for the delivery of extra hydrogen and carbon monoxide has been inked between Kumho Mitsui Chemicals, a global leader in the chemical industry, and Air Liquide, which runs four production facilities at the Yeosu National Industrial Complex.
Robert Habeck, the German Vice Chancellor for Economic Affairs and Climate Action, and Senator the Hon. Don Farrell, the Australian Minister for Trade and Tourism, discussed important issues of their countries’ bilateral economic cooperation yesterday.
Daewoo Shipbuilding & Marine Engineering and POSCO are establishing a new relationship to create materials that will satisfy the needs of transporting goods such cryogenic liquified hydrogen and liquified carbon dioxide.
IHI Corp is investigating green ammonia production and sales in Malaysia in collaboration with Gentari Hydrogen Sdn Bhd, a Petroliam…
