Origin Energy (Origin) and major global shipping company, Mitsui O.S.K. Lines Ltd. (MOL) will jointly investigate opportunities to develop the supply chain to support export-scale green ammonia in Australia under a new Memorandum of Understanding.
Following their inked agreement, the two companies goal to explore how Australian green ammonia projects could supply key downstream markets from 2026, with a joint feasibility study aiming to be completed by December 2021.
Transport is one of the biggest opportunities globally to achieve emissions abatement through the use of green and renewable fuels such as hydrogen and ammonia. With our abundance of renewable resources and proximity to Asian markets, Australia is in the box seat to develop a world-leading hydrogen sector, exporting low emissions energy all over the world to meet demand for clean energy from our major trading partners.
…Origin’s general manager of future fuels, Tracey Boyes said.
To remind, Origin is progressing a number of export scale green hydrogen opportunities across Australia to meet overseas and domestic demand for lower carbon fuels, including in Bell Bay, Tasmania, where Origin’s separate $3.2 million feasibility study into green ammonia production is well progressed.
Ammonia produces no C02 and is used as a carrier for transporting hydrogen. Thus, it can help the 2050 carbon-neutrality targets. In addition, green ammonia can make a major contribution to reducing CO2 in the supply chain.
Many nations have committed to ambitious carbon targets, and partners such as Mitsui O.S.K Lines will be crucial to underpinning the development of a strong hydrogen sector here in Australia. We are delighted to start building a strong working relationship with Mitsui O.S.K. Lines to establish what opportunities there may be, both for future projects, or for projects that we are already investigating.
…Ms Boyes concluded.
