Horizon Power signs an MoU with FutureEnergy Australia for renewable fuel

FutureEnergy Australia, an incorporated joint venture between WA based Carnarvon Energy and Frontier Impact Group, was formed to build and operate renewable fuel biorefineries in regional Western Australia. As per the agreement, a clear path forward for the two organizations to explore opportunities for the development and production of renewable diesel in Western Australia. Developing

Largest green hydrogen project in Australia enters final stage negotiations

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

Shell gives nod to Crux gas field in Australia

Shell has given the go-ahead to develop the Crux gas field in Australia at an estimated cost of about $2.5bn. The new project has a role to play in the globe’s transition to cleaner energy. Construction is expected to start in 2023 with first gas expected in 2027. The gas field will be developed via

FFI offers funding for PsiQuantum’s computing solutions

Fortescue Future Industries (FFI), an Australian company, is funding an initiative by PsiQuantum to develop green hydrogen at a lower cost. As part of the collaboration, FFI and Qlimate’s will together work on quantum solutions in the green hydrogen sector. The joint effort will help in creating a broader strategy for developing computing algorithms that

LNG prices to stay high for few years: Woodside

Australia’s top independent natural gas producer, Woodside Energy Group, says that liquefied natural gas (LNG) prices will stay high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion. According to the Australian company, the global LNG market was already tight before the invasion because of

Australia’s NSW and Denmark to collaborate on 2050 netzero goal

Australia’s New South Wales (NSW) state government and Denmark have signed an initial agreement to share research on strategies to transition their respective economies to net zero greenhouse gas (GHG) emissions by 2050. The agreement, announced recently will support collaboration between the governments of NSW and Denmark on innovation, policy and programme design and trade,

Australian R&D puts low-cost hydrogen within reach

Local researchers have unlocked a way to produce low-cost hydrogen from renewable electricity, which is now on the road to commercialisation. Australian hydrogen technology developer Hysata says its breakthrough puts within reach the cost of producing hydrogen at a cost competitive with gas – $2 per kilogram. Hard-to-abate sectors including steel manufacturing, heavy transport and

World-first green hydrogen ferry project commences

Gladstone on Queensland’s central coast is positioned to have one of Australia’s first green hydrogen-powered passenger ferries after the state government promised $5 million from its $35 million Hydrogen Industry Development Fund (HIDF) for SeaLink to design and build the boat. The total cost of the project is estimated at $20.6 million. SeaLink chief operating

Firstgas partners with Australian energy group FFI for green hydrogen

 New Zealand’s biggest gas pipelines operator, Firstgas, and Australian energy group Fortescue Future Industries (FFI), are looking at hydrogen production and distribution. The two companies have agreed to investigate making green hydrogen, which could be initially blended with natural gas and in time to replace it for domestic and business users. Last year, Firstgas outlined

Labor promises Australia-wide EV charging network

Federal Labor has promised to ‘fill the gaps’ in Australia’s electric vehicle charging network, announcing a plan to fund new fast-chargers along some of Australia’s major highways. Addressing the official launch of the Labor election campaign in Perth, Labor leader Anthony Albanese said the expanded network would allow Australians to “drive an electric vehicle across