Woodside takes lead role in big green hydrogen project in New Zealand
Source: ARENA (arena.gov.au)
Woodside Energy Group Ltd (ASX:WDS) has won the competition to become a lead development partner in the Southern Green Hydrogen project in New Zealand, the Australian oil and gas producer said today.
Woodside has been chosen as New Zealand-based Meridian Energy’s (NZE:MEL) preferred partner over Fortescue Future Industries (FFI). The two contestants for the lead role were the finalists in a request for proposals (RFP) that sought to identify early-stage business plans and cases for a 600-MW facility in Southland capable of producing 500,000 tonnes of ammonia annually.
The Southern Green Hydrogen scheme was originated by Meridian and its compatriot Contact Energy Ltd (NZE:CEN). The latter has withdrawn as a development partner but could participate as a potential supplier of green electricity. The project is pending a final investment decision.
Meanwhile, Japan’s Mitsui & Co Ltd (TYO:8031) is in talks to join the project and develop the potential market for ammonia off-take. After commercial arrangements have been finalised, it will work with Meridian and Woodside to start the front-end engineering design.
According to the statement, the partners will assess options for supplying hydrogen and ammonia to the local market and for potential exports to Asia and Europe.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.