RWE Supply & Trading, part of German energy group RWE, and Australian hydrogen project developer The Hydrogen Utility (H2U), have signed a memorandum of understanding (MoU) to explore the possibility of bringing green hydrogen from Australia to Europe.
H2U is developing a number of hydrogen projects in Australia and New Zealand, include a planned 75 MW electrolysis plant at the Eyre Peninsula Gateway Project in South Australia, to supply hydrogen for around 40,000 tpa of ammonia. The second expansion phase of the plant would take the capacity to 1.5 GW.
Meanwhile, RWE Supply & Trading intends to book capacity at the planned LNG terminal in Brunsbüttel in the German state of Schleswig-Holstein, where, together with the terminal’s developer German LNG Terminal, a joint venture of Gasunie LNG Holding, Oiltanking and Vopak LNG Holding, it is investigating hydrogen imports.
RWE Supply & Trading says that the MoU to develop hydrogen trading between Australia and Germany is in line with HySupply, a two-year German-Australian feasibility study by the German Academy of Science and Engineering and the Federation of German Industries, which began in December 2020.
‘H2 is the perfect long-term solution to decarbonise industry, aviation and the transport of heavy goods. Australia is one of the countries that has excellent conditions to produce green hydrogen – low cost of production and a stable framework. As a globally active trader of commodities, we have a lot of experience with shipping energy carriers – including Australian LNG – around the globe and see ourselves as a facilitator for global hydrogen trading,’ says Javier Moret, global head of LNG at RWE Supply & Trading.
H2U’s CEO, Dr Attilio Pigneri adds: ‘H2U is pleased to partner with RWE to explore the possibilities for providing affordable green hydrogen and hydrogen derivatives such as ammonia and synthetic methane to power Germany and Europe’s future. We see the trading of green hydrogen to Europe being fully decarbonised using green ammonia as the shipping fuel of the future. H2U has attracted a cornerstone investment from Mitsubishi Heavy Industries of Japan and we see a strong future for green hydrogen as the decarbonising energy in power grids, gas grids, mobility and industry.’