A ground-breaking MOU between ENEOS Corporation, with Neoen, one of the world’s leading independent renewable energy providers, will explore the development of a Japan-Australia CO2-free hydrogen supply chain in South Australia.
South Australia is leading the way in the production and export of renewable hydrogen, which presents the opportunity to create thousands of jobs into the future.
Minister for Trade and Investment Stephen Patterson says the project will showcase South Australia’s resources and capabilities, not only to Japanese companies, but to companies from around the world looking to create opportunities in hydrogen in South Australia.
“The Department for Trade and Investment has been working with ENEOS and Neoen, providing support for site visits, introductions on the ground in South Australia and discussions in Japan through our Tokyo trade and investment office which will leverage opportunities to export hydrogen,” Minister Patterson said.
“Working with Japan, we can work towards exporting our excess renewable energy to help Japan decarbonise their energy usage and reduce their CO2 emissions. Additionally, this partnership will continue to promote the development of next-generation energy industries, including hydrogen and ammonia, as well as further planning for existing and future port facilities which can then be used as a base for hydrogen export to Japan.”
The study by the two companies will examine the potential for the stable supply of affordable hydrogen produced from renewable energy in South Australia. Specifically, Neoen will study stable renewable energy supply and water electrolysis cells for hydrogen production. ENEOS will be responsible for more efficient production of methylcyclohexane (MCH) and maritime transport of MCH as a form of hydrogen storage and transport from Australia to Japan.
South Australia is one of the most developed regions in the world in terms of battery storage infrastructure. In addition, the Marshall Liberal Government is promoting the development of next-generation energy industries, including hydrogen and ammonia, and is planning the required infrastructure for export including loading and unloading facilities and ports.
Neoen is one of the world’s leading independent renewable energy power producers and is currently developing two pioneering projects – the Goyder Renewables Zone and Crystal Brook Energy Park. These projects combine wind, solar and battery storage to provide a firm renewable energy power supply – overcoming the limitations of wind or solar only projects.
The two companies will utilise the Green Innovation Fund in Japan and the Hydrogen Hub project in Australia to achieve early development of a CO2-free hydrogen supply chain between Japan and Australia.
To learn more about investment and partnership opportunities in South Australia, visit www.invest.sa.gov.au