Orica's Hunter Valley Hydrogen Hub Receives Major Funding Boost
Key Ideas
  • Orica's Hunter Valley Hydrogen Hub secures $432 million grant funding as part of ARENA's Hydrogen Headstart Program, supporting renewable hydrogen production.
  • Funding to aid in reducing carbon emissions by replacing methane gas in ammonia production, equivalent to taking 26,500 cars off the road annually.
  • Project crucial for decarbonising core industrial processes, preserving domestic manufacturing, unlocking export opportunities, and supporting Australia's decarbonisation plans.
  • Orica to collaborate with ARENA and government agencies to meet milestones in transitioning to a cleaner, more resilient future for the Hunter region.
Orica's Hunter Valley Hydrogen Hub in Newcastle, Australia, is set to receive up to $432 million in grant funding under the Australian Renewable Energy Agency's Hydrogen Headstart Program. This funding will support the production of renewable hydrogen using a 50-MW electrolyser powered by renewable electricity, with the aim of replacing methane gas in Orica's ammonia production process to reduce carbon emissions. The project is expected to produce 12 tonnes of renewable hydrogen per day, significantly decreasing Orica's daily gas demand and benefitting the environment by the equivalent of removing 26,500 cars from the road annually. This initiative is part of a broader effort to decarbonise core industrial processes, preserve domestic manufacturing, and create new export opportunities, contributing to Australia's decarbonisation plans. Orica's collaboration with ARENA and government agencies is crucial in meeting contractual milestones for the funding release and advancing the decarbonisation of their manufacturing facility, ultimately working towards a cleaner, more sustainable future for the Hunter region.
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