Hydrogen Renewables Australia plans 5 GW green hydrogen plant with Siemens

October 10, 2019
Government & Non-Profit More...
Asset Management More...
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by Tim Grejtak
Low importance

Australian developer Hydrogen Renewables Australia (HRA) announced plans for a 5 GW wind-and-solar-powered renewable hydrogen facility in Kalbarri on Australia's western coast. HRA is collaborating with Siemens, which will be the supplying the electrolyzer. The project is structured in phases: 1) supplying hydrogen to local vehicles, 2) blending hydrogen with natural gas in a nearby pipeline, and 3) exporting hydrogen to Asian markets. Like other large energy projects from smaller developers, success will depend heavily on partners to capitalize the project and off-take agreements. Clients should interpret this as Australia valorizing renewable assets locally; hydrogen for export requires infrastructure that will take decades to roll out. 

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