Hydrogen could compete with gas on price in Asia – panel
Large-scale projects targeting first output in the second half of this decade are negotiating offtake prices at parity with fossil fuels
Project developers in Australia’s nascent hydrogen industry are negotiating prices with offtakers that are competitive with existing fossil fuel products, delegates heard at an industry conference in Singapore on Wednesday. A number of large-scale export projects in Australia have been announced this year, most recently on Tuesday when Woodside Energy said it would invest A$1bn ($750mn) to build a hydrogen and ammonia production facility in Perth, Western Australia (WA). Developments are also underway in the country’s other major resource-exporting states of New South Wales and Queensland. Large-scale projects targeting first output in the second half of this decade are negotiating offtake p
![](/images/white-fade.png)
Also in this section
26 July 2024
European offtakers and strategic investors start to unlock North African country’s vast potential as a green hydrogen and ammonia supplier
25 July 2024
Investment in 100MW green hydrogen facility in Germany comes as oil major’s wider transition strategy comes under scrutiny
24 July 2024
World’s largest green fertiliser supply agreement puts Villeta project in Paraguay on track for FID later this year
23 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries