Chemical Processing
Another Major Green Hydrogen Project Canceled in Australia
Another high-profile Power-to-X project in Australia has been scrapped due to funding redirection to support the Whyalla Steelworks.
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Researched by Industrial Info Resources (Sugar Land, Texas)--Another high-profile Power-to-X project in Australia has been scrapped due to funding redirection to support the Whyalla Steelworks. The project proposal was to utilize a 250-megawatt electrolyzer capacity to produce green hydrogen. This project adds to a growing list of suspended or canceled green hydrogen projects in Australia, including AGL's Torrens Island green hydrogen project, Woodside Energy Group (NYSE:WDS) (Perth, Australia) H2TAS green hydrogen and green ammonia project, Provaris Energy's (New South Wales, Australia) Tiwi Island green hydrogen project and Origin Energy's (Sydney, Australia) Bell Bay project. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can learn more by viewing the related project reports. Several notable green hydrogen projects are being canceled or put on hold due to renewable energy costs, regulatory and policy uncertainties, lack of financial backup and shifting priorities.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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