QIC’s remote power generation business Pacific Energy has followed through on ambitions to round out its portfolio to include hydrogen by acquiring a provider of a hydrogen refuelling and production systems, a move that also supports its east coast expansion strategy.
It “adds the final piece to complete our renewable energy capability profile”, he said, noting it also supportsAdvertisement The takeover price for ENGV was not disclosed but Mr Cullen said it involved an up-front base payment and then “a multi-year earn-out” where further sums are paid out depending on the performance of the business after the acquisition.
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How Australia can be a clean energy industrial successEuropean countries have de-industrialised to cut emissions. Our competitive advantage means we can follow a different path in a net zero global economy. Very annoying we continually look to copy overseas ideas , even those that are failing. About time we have confidence in our ability and develop solutions using our natural advantages to become a world leader than a follower.
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Geelong gas port plan can ease Victoria’s energy crunch, Viva boss Scott Wyatt saysAn LNG import terminal in Victoria could be an important lifeline for households and gas-reliant manufacturing firms, but environmentalists and community groups have concerns about it NickToscano1 NickToscano1 Environmentalists have concerns about everything.
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Australia’s resources exports break records amid global energy crisisAustralia’s mining and energy exports are expected to have hit a record high of more than $400b as the fallout from Russia’s invasion of Ukraine deepens global shortages of coal and natural gas and sends commodity prices soaring. | NickToscano1 NickToscano1 Bet we still get bugger all tax from it. NickToscano1 The wonders the effects of demand/supply has on price. NickToscano1 Then in comes Labor/Greens/Teals wanting to close it all
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Europe looks to Australia for green hydrogen amid energy crisis“It’s inconceivable that [north-west Europe] will be self-sufficient in energy,' said Port of Rotterdam president Allard Castelein. 'It appears that Australia is in a very strong position to be one of the supply sources.' | CroweDM CroweDM Green hydrogen? More likely coal and gas driven hydrogen, like nearly all of the supposed 'first green hydrogen shipment ever' was. What a scam that shipment appeared to be. And they had a fire on board in gas equipment. All conveniently not covered by media much. CroweDM Bet they won’t pay for it. CroweDM For a technology not invented yet?
Source: theage - 🏆 8. / 77 Read more »
Europe looks to Australia for green hydrogen amid energy crisisAustralia’s cheap renewable energy sources mean the country could supply green hydrogen to Europe at a competitive price, even after adding the cost of shipping. CroweDM Too bad no one has ever made green hydrogen in commercial quantities yet CroweDM Look my naked photo ❤️😘 CroweDM Pity we don't make any
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Sovereign wealth fund needed for clean energy future, Grattan saysCoal and gas earnings must be harnessed to fund the energy revolution, the Grattan Institute says, warning the social fabric could tear if regional economies were not considered in the transition.
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