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FEAR & GREED | Business News
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Origin Energy's Green Hydrogen Hub in Newcastle Will Help Cut Emissions at Orica's Manufacturing Operations in New South Wales.
The federal government is putting $70 million into Origin Energy's green hydrogen project in Newcastle. The proposed Hana Valley Hydrogen Hub, the full cost of which Origin has yet to reveal, will produce up to 5,500 tonnes a year of renewables-based hydrogen. Most of the fuel will be used in the ammonia and ammonia nitrate plant at the Koorigang Island owned by Orica - the world's largest explosives maker. It will use a 55-megawatt electrolyzer, more than five times bigger than the biggest currently committed in Australia.
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