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Japan's INPEX, Green Hydrogen International to Advance Study of South Texas Hydrogen Hub

Japan's largest oil and gas exploration company, INPEX Corporation (Tokyo), like other petroleum players, is making moves into greener energy.

Released Friday, October 13, 2023

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Researched by Industrial Info Resources (Sugar Land, Texas)--Japan's largest oil and gas exploration company, INPEX Corporation (Tokyo), like other petroleum players, is making moves into greener energy. The company recently signed a joint study agreement with Green Hydrogen International (GHI) (Austin, Texas) to advance GHI's Hydrogen City green hydrogen project in South Texas, one of the largest of the $5.76 billion worth of active green hydrogen projects that Industrial Info is tracking in Texas.

The Hydrogen City project is centered around the Piedras Pintas salt dome in Duval County, which would provide ample storage for the hydrogen produced. The project is planned to be built in phases, with the first phase consisting of two storage caverns within the salt dome. This is eventually envisioned to scale up to 50 caverns with the capacity of up to 6 terawatt-hours of energy storage "and turning the dome into a major green hydrogen storage hub, similar to the role Henry Hub plays in the natural gas market," according the GHI website.

While GHI's website discusses shipping the hydrogen via pipeline to Corpus Christi to be made into green ammonia, sustainable aviation fuel or to fuel power plants, the agreement with INPEX clearly involves planned exports to Asia. Japan's Ministry of Economy, Trade and Industry has created a roadmap to add 30 million tons of green ammonia, which is derived from green hydrogen, into Japan's fuel mix by 2050. The first phase of the Hydrogen City project is expected to begin operations in 2026 or 2027, followed by planned incremental growth to scale up to 60 gigawatts (GW) of wind and solar power being used to produce more than 3 million metric tons of green hydrogen per year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for the project report.

But the Hydrogen City project is not the only green hydrogen project brewing in Texas. Air Products and Chemicals Incorporated (NYSE:APD) (Allentown, Pennsylvania) and AES Corporation (NYSE:AES) (Arlington, Virginia) are planning a $2.5 billion hydrogen complex at the site of a closed coal-fired power plant in Wilbarger County. AES will provide power to the facility via a nearby 1,400-megawatt (MW) solar and wind project. Construction on the hydrogen plant and power facility could kick off next year, putting the projects on track for completion in 2027. Upon completion, the plant is expected to produce about 200 metric tons per day of green hydrogen. Subscribers can learn more by viewing the reports on the power facility and green hydrogen plant.

Other companies are developing smaller-scale green hydrogen projects. Early next year, for example, Global Clean Energy Holdings Incorporated (Long Beach, California) plans to kick off construction of a green hydrogen plant near Clear Fork, about 100 miles west of Fort Worth. The facility will use a 250-MW electrolyzer to produce 30 tons per day of green hydrogen. If construction occurs as planned, the facility could be up and running in 2025. Subscriber can click here for more details.

One of the most prominent players in the U.S. green hydrogen scene, Plug Power (NASDAQ:PLUG) (Latham, New York), is developing a green hydrogen site in Young County, Texas. The facility will receive renewable energy from a nearby windfarm owned and operated by NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida). The plant will produce about 45 tons of hydrogen per day that will be used in fuel cells to power materials-handling equipment such as forklifts. The plant could begin operations in 2025. Subscribers can click here to learn more.

Subscribers to Industrial Info's GMI Database can click here to view reports on all of the projects discussed in this article and click here for the plant profiles.

Click here to view reports for all of the active green hydrogen projects in development in Texas that are being tracked by Industrial Info.

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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