Australian Origin Energy to Supply Green Hydrogen to POSCO
Australian power & gas giant Origin Energy has signed a deal with South Korean steelmakers, POSCO to cooperate on producing and supplying green
Australian power & gas giant Origin Energy has signed a deal with South Korean steelmakers, POSCO to cooperate on producing and supplying green hydrogen to Korea. Origin’s general manager of future fuels Felicity Underhill said “We are seeing significant demand for zero-carbon fuels from Asia from the 2030s and even sooner from Korea and Japan from the mid-2020s. Australia is in the box seat to become a major player in the potential global hydrogen boom due to its abundance of renewable energy resources and existing experience and supply chains for shipping energy commodities into key Asian markets. We’re looking forward to working with Posco to develop and export Australian green ammonia starting with a joint feasibility study.”
Origin is working on several export-scale green hydrogen opportunities, including a 300-megawatt project in Townsville, using wind and solar, and a 500-megawatt green ammonia plant in Tasmania’s Bell Bay.