The eight-strong consortium examining a hydrogen plant in Adelaide also includes partners from major Asian corporates in Japan and South Korea.
AGL Energy has joined with local manufacturers such as Brickworks as well as major LNG buyers such as Japan’s Inpex to examine a potential green hydrogen plant in South Australia that could serve domestic and export markets with clean fuel.
The proposed hydrogen hub would be part of the transition plan for AGL’s Torrens Island power station site in Adelaide, South Australia.The study is one of several early-stage proposals for large-scale green hydrogen production around Australia, tapping world-class wind and solar resources.
The involvement of major Asian partners in the AGL-led project, which also includes a subsidiary of South Korean conglomerate SK Group, points to the potential for strong customer support from countries that anticipate becoming major green hydrogen importers. After abandoning the demerger, AGL kicked off a review of its future strategy and is hunting for a new chief executive and chairman, with input from its biggest shareholder, tech billionaire Mike Cannon-Brookes, who is pushing for a much faster exit from coal power for the giant electricity supplier.
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