Australian Energy Heavyweight Quits Hydrogen Project ...Middle East

OILPRICE - Economy
Australian Energy Heavyweight Quits Hydrogen Project
source : OILPRICE ( Middle East ) () 46
Australia’s Origin Energy will exit a hydrogen project, citing uncertainty about the outlook for the hydrogen market, the company said today. “The decision to exit the HVHH is consistent with Origin’s strategy and reflects uncertainty around the pace and timing of development of the hydrogen market, and the risks associated with developing capital-intensive projects of this nature,” Origin Energy said. The Hunter Valley Hydrogen Hub was conceived of as a means of helping to decarbonize Australia’s industry by replacing…

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