Port of Newcastle and Macquarie’s Green Investment Group have launched an AUD3 million (US$2.2 million) feasibility study into the development of a green hydrogen hub at the port in Australia. It includes the backing of an AUD1.5 million (US$1.09 million) funding grant from ARENA, secured under its Advancing Renewables Program.
The hub will initially be supported by a 40 MW electrolyzer that over time would increase to a capacity of over 1 GW. The study will assess the suitability of an optimal site within the port which has a range of options for developing and scaling-up hydrogen and ammonia infrastructure that can successfully link into existing East Coast supply chains.
Port of Newcastle and Macquarie’s Green Investment Group have also signed Memoranda of Understanding with Idemitsu, Keolis Downer, Lake Macquarie City Council, Snowy Hydro and Jemena, all of whom will participate in the feasibility study.
