PERTH – The Japanese government, through its Green Innovation Fund, has committed A$2.35-billion to establish the Hydrogen Energy Supply Chain project, in Victoria.
The JPSC JV will extract the hydrogen from Latrobe Valley coal with carbon capture and storage facilities in the nearby Bass Strait. The project will help reduce atmospheric carbon dioxide on the path to net zero by 2050 and, at full commercial scale, create many sustainable energy jobs in the Latrobe Valley and Hastings.
“After a decade of working together with the Japanese, Australian and Victorian governments, our efforts to establish a world-first clean hydrogen energy supply chain have been rewarded,” Japan Suiso Energy CEO Dr“This is truly a watershed moment for our combined efforts to decarbonise global energy production. This commitment of A$2.35-billion gives all participants in the hydrogen supply chain the confidence to progress to the next stage of commercialisation.
saying the project would create hope and opportunity for working families in the region, where prior and impending coal-fired power station closures were creating deep anxiety.
Why? 'Incomprehensible mediocre performance of HESC pilot project' CO2 produced by the HESC pilot is out of all feasible proportion to the amount of hydrogen produced. A high school chemistry student would understand. $2.35 billion decision of a fool.