BP, Macquarie see a green future for shuttered Australian oil refinery | NickToscano1
British energy giant BP and Macquarie Capital are assessing plans to transform the former site of Australia’s largest oil refinery into a clean-energy hub that could produce and distribute zero-emissions fuels including “green” hydrogen.
“With our unique capabilities, BP can offer increasingly complex, multi-energy solutions to its partners and customers through their decarbonisation journey.”Hydrogen, which burns cleanly and emits only water, is touted as an important growth technology as the transition to cleaner energy gathers pace due to its potential to decarbonise parts of the economy that cannot be easily electrified, such as a range of industrial processes and heavy transport.
WA premier Mark McGowan said hydrogen produced at Kwinana could one day be exported around the world as more countries set targets and ramp up efforts to achieve carbon neutrality.
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