WDS 1.14% $24.05 woodside energy group ltd

Woodside and Hydrogen

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    12 November 2021

    Guy Barnett, Minister for Energy and Emissions Reduction

    Woodside Energy investment in renewable hydrogen welcomed

    The Tasmanian Government welcomes the announcement today by Woodside Energy that it has secured land in the Bell Bay area for its proposed H2TAS renewable hydrogen and ammonia plant.

    Woodside Energy has indicated that this staged project will start with a 300 megawatt plant with a target production of 200,000 tonnes per annum of ammonia converted from renewable hydrogen.

    This ammonia will be produced by Tasmanian renewable energy and complements Tasmania’s unique position of being 100 per cent self-sufficient in renewable energy and having a legislated target of being 200 per cent by 2040.

    Woodside’s announcement also supports the Tasmanian Government’s push for Bell Bay to be a renewable hydrogen hub and to be a globally significant exporter of renewable hydrogen by 2030.

    The State is working closely with hydrogen proponents and support partners to develop our submission for a renewable hydrogen hub at Bell Bay under the Australian Government’s $464m Clean Hydrogen Industrial Hubs program.

    With our renewable energy advantages, Tasmania is ideally placed to support the national transition to clean energy through Marinus Link and Battery of the Nation, and be a natural home for renewable hydrogen production.

    Our renewable energy future is exciting with the potential to deliver thousands of jobs and inject billions of dollars into the economy over years to come, including in regional areas.

    Green hydrogen delivered by Tasmania’s renewable energy also has the potential to be a key player in decarbonising the world’s environment and it is exciting that Tasmania is at the forefront of this technology push.

    https://www.premier.tas.gov.au/site_resources_2015/additional_releases/woodside_energy_investment_in_renewable_hydrogen_welcomed


 
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