The Western Australian government has announced that the Western Green Energy Hub (WGEH), a joint venture between InterContinental Energy, CWP Global, and Mirning Green Energy, has reached a preliminary agreement with South Korea’s state-owned power utility, Kepco, to develop an extensive green hydrogen project.
The Ambitious Hydrogen Project
The WGEH intends to construct a colossal renewable energy project boasting 50,000MW of wind and solar generation capacity to drive electrolysers for producing approximately 3.5 million tons per year of green hydrogen. The decision on the final investment for this ambitious initiative is scheduled for 2027, with the construction phase estimated to last around 20 years.
Covering an expansive area of 15,000 square kilometers in the far southeast of Western Australia near the South Australian state border, the project will require about 3,000 wind turbines and 25 million solar panel modules.
South Korea and Australia’s Green Hydrogen Collaboration
South Korea and the Australian federal government have already signed a pact to co-develop low-emissions technology and establish hydrogen trade connections. Given South Korea’s projected demand for future fuels, the nation will need to import green hydrogen on a large scale.
Several partnerships between South Korea and Australia are already in place. A group of companies is currently engaged in developing a green ammonia supply chain of over 1 million tons per year in Queensland, Australia. This recent agreement with the WGEH further solidifies South Korea’s commitment to green hydrogen, underscoring the vital role of international collaborations in driving the hydrogen economy forward.
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