Woodside Energy and Fortescue Future Industries are counterparties in final stage negotiations to become lead developer of the prospective world’s largest green hydrogen plant in Southland.
For the $5b proposed plant contact, Meridian Energy will select the lead developer after more detailed proposals, due by late-August.
The proposed hydrogen plant could potentially provide an alternative use for all the electricity currently used to power the Tiwai Point aluminium smelter, depending on its scale, should the smelter close in 2024.
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