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Project(s): View 4 related projects in PECWeb
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Released December 02, 2022 | MANILA, PHILIPPINES
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Researched by Industrial Info Resources (Sugar Land, Texas)--Australia and South Korea have started bilateral initiatives aimed at decarbonizing their industrial sectors to achieve both countries' net-zero emission targets. South Korean companies have signed memorandums of understanding (MOU) that could establish a supply chain for green ammonia between Australia and South Korea. Green ammonia is an alternative to coal for power generation.
The Han-Ho Hydrogen Consortium, which includes Korea Zinc Company (South Korea) and its Australian subsidiary Ark Energy Corporation Pty Limited (Brisbane), Hanwha Impact Corporation (Seoul, South Korea) and SK Gas Company Limited (Gyeonggi), signed a MOU to build a green energy hub in Queensland, Australia, capable of producing 1 million tons of green ammonia annually and up to 3 gigawatts (GW) of renewable energy by 2032. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a detailed project report.
Another MOU, signed by Hydrogen Utility (H2U) (Sydney, New South Wales) and Korea East West Power Company (Ulsan) involves the H2-Hub in Gladstone, Queensland. The proposed facility includes a 3-GW electrolyzer that will use 100% renewable energy resources to produce 1.8 million tons per year. Operational activity is expected by late 2025. Click here for the project report.
In Western Australia, Korea Midland Power Company Limited (KOMIPO) (Chungcheongnam-do) and Progressive Green Solutions (PGS) (East Perth, Australia) plan to develop two green ammonia projects in the Pilbara and Mid-West regions, each powered by 4 GW of renewable energy. Subscribers can see reports on the Pilbara and Mid-West projects.
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).
The Han-Ho Hydrogen Consortium, which includes Korea Zinc Company (South Korea) and its Australian subsidiary Ark Energy Corporation Pty Limited (Brisbane), Hanwha Impact Corporation (Seoul, South Korea) and SK Gas Company Limited (Gyeonggi), signed a MOU to build a green energy hub in Queensland, Australia, capable of producing 1 million tons of green ammonia annually and up to 3 gigawatts (GW) of renewable energy by 2032. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a detailed project report.
Another MOU, signed by Hydrogen Utility (H2U) (Sydney, New South Wales) and Korea East West Power Company (Ulsan) involves the H2-Hub in Gladstone, Queensland. The proposed facility includes a 3-GW electrolyzer that will use 100% renewable energy resources to produce 1.8 million tons per year. Operational activity is expected by late 2025. Click here for the project report.
In Western Australia, Korea Midland Power Company Limited (KOMIPO) (Chungcheongnam-do) and Progressive Green Solutions (PGS) (East Perth, Australia) plan to develop two green ammonia projects in the Pilbara and Mid-West regions, each powered by 4 GW of renewable energy. Subscribers can see reports on the Pilbara and Mid-West projects.
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).
