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Australian Green Hydrogen to replace Russian Gas!

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In a bold stroke to help Germany replace Russian gas, Twiggy Forrest & Fortescue (FFI) have signed a contract with European energy giant EON. The goal is to produce hydrogen in Australia using renewable energy and ship to Europe for distribution through EON’s pipelines. Deliveries would begin in 2024 and increase to 5 million tonnes of hydrogen a year by 2030 - equal to about a third of the energy Germany currently imports from Russia.

"We are working closely with banks, institutional investors, multilaterals and credit agencies" to support this new green energy investment, stated FFI.

https://www.reuters.com/business/sustainable-business/eon-australias-ffi-explore-green-hydrogen-transport-europe-2022-03-29/

https://www.smh.com.au/world/europe/twiggy-forrest-bills-himself-as-europe-s-putin-solution-in-50b-hydrogen-deal-20220330-p5a96z.html

https://www.jwnenergy.com/article/2022/3/30/eon-fortescue-in-deal-to-supply-green-hydrogen-to-/



What do you think?


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Comments
Toby Marshall @ 2022.04.29 4:36 AM

You gotta love Twiggy! Shame he and Atlassian have so little support from the ridiculous neanderthals on the right of the Coalition government.

And Labor won''t be much better. So our only hope is for some independents whose no 1 focus is climate.


Jeremy Wright @ 2022.04.29 4:36 AM
Toby, agree and the independents are worth supporting. They are the other real voice for climate action and if successful we will have a much better parliamentary discussion about climate - fingers crossed.


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