Inpex inks deal to advance Australian hydrogen hub

Inpex inks deal to advance Australian hydrogen hub

Japanese energy company Inpex is doubling down on its intent to develop a hydrogen business following the announcement that the company has signed a deal with Australian energy provider AGL Energy (AGL) to explore the feasibility of AGL’s Hunter Energy Hub.

Having already partnered on the Torrens Hydrogen Hub in South Australia earlier this year, the new deal marks the second hydrogen hub study that Inpex is pursuing with AGL.

Located in the Hunter region of New South Wales, the hub seeks to harness the site of the AGL-owned Liddell power station to produce and export hydrogen and hydrogen-derived products from renewable energy sources.

By establishing an offloading location, possibly at the Port of Newcastle, the partners aim to explore the future potential for exporting hydrogen to markets such as Japan.

The hub comprises part of the Inpex Vision @2022 strategy, which outlines the company’s intent to establish five Net Zero businesses, in addition to commercialising three or more projects by around 2030.

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