Fortescue Future Industries & Firstgas Group have embarked on a new collaboration to investigate developing green hydrogen projects, with the aim of continuing to decarbonise New Zealand’s energy system, and to help improve energy security. FFI and Firstgas have signed a non-binding Memorandum of Understanding to identify opportunities to produce and distribute green hydrogen to tens of thousands of homes and businesses in New Zealand.FFI and Firstgas will undertake feasibility studies to assess the technical, commercial and operational parameters of opportunities, enabling the potential development of projects. This will include assessing the use of existing energy assets.Firstgas is New Zealand’s largest gas network with over 2,500km of high-pressure transmission pipelines and 4,800km of distribution pipelines in the North Island, connecting over 300,000 homes and businesses to gas. In March 2021, Firstgas announced a plan to decarbonise New Zealand’s pipeline network by transitioning from natural gas to hydrogen. From 2030, hydrogen will be blended into the North Island’s natural gas network, with conversion to a 100 percent hydrogen grid by 2050.
Fortescue Future Industries & Firstgas Group have embarked on a new collaboration to investigate developing green hydrogen projects, with the aim of continuing to decarbonise New Zealand’s energy system, and to help improve energy security. FFI and Firstgas have signed a non-binding Memorandum of Understanding to identify opportunities to produce and distribute green hydrogen to tens of thousands of homes and businesses in New Zealand.FFI and Firstgas will undertake feasibility studies to assess the technical, commercial and operational parameters of opportunities, enabling the potential development of projects. This will include assessing the use of existing energy assets.Firstgas is New Zealand’s largest gas network with over 2,500km of high-pressure transmission pipelines and 4,800km of distribution pipelines in the North Island, connecting over 300,000 homes and businesses to gas. In March 2021, Firstgas announced a plan to decarbonise New Zealand’s pipeline network by transitioning from natural gas to hydrogen. From 2030, hydrogen will be blended into the North Island’s natural gas network, with conversion to a 100 percent hydrogen grid by 2050.
