Sonali Paul writes for Reuters on BP’s green hydrogen and ammonia plans in Australia.
- A study conducted by BP and supported by the Australian Renewable Energy Agency found that production of a green hydrogen and ammonia plant in Australia is technically feasible.
- The plant would be able to produce up to 1 million tons of green hydrogen and ammonia per year if it were built.
- While BP has not announced whether or not it will build this facility, the company is planning to invest $5 billion per year on low-carbon investments in an effort to reduce its emissions.
“Australia, the world’s top coal exporter and the second largest exporter of liquefied natural gas, wants to develop green hydrogen to replace fossil fuels in a global push to cut carbon emissions.”
Read the full article here.