ENEOS Corporation has concluded a memorandum with Origin Energy to conduct a study on a potential business collaboration for the development of a CO2-free hydrogen supply chain between Japan and Australia.
ENEOS plans to conduct a study in collaboration with a local company in Australia to build a supply chain for an affordable and stable supply of CO2-free hydrogen (green hydrogen) produced from renewable energy. In the study, the two companies will jointly examine the potential for the reliable supply of affordable hydrogen made with renewable energy in Queensland. Specifically, Origin will focus on the use of renewable energy supply and water electrolysis cells for hydrogen production. ENEOS will be responsible for more efficient production of methylcyclohexane (MCH) and maritime transport of MCH as a form of hydrogen storage and transport from Australia to Japan.
The two companies will explore opportunities to access government support, including the Green Innovation Fund in Japan and the hydrogen hub project in Australia, to achieve the early development of a CO2-free hydrogen supply chain between Japan and Australia.
