Hydrogen production tax credits pass the Australian Senate
Newly-passed legislation has established the Hydrogen Production Tax Incentive in Australia, worth AU$2 per kg of renewable hydrogen produced for up to ten years per selected project.
Newly-passed legislation has established the Hydrogen Production Tax Incentive in Australia, worth AU$2 per kg of renewable hydrogen produced for up to ten years per selected project.
In recent months, project developments include completion of pre-FEED work, as well as partnerships to explore options for the delivery of ammonia to both export and bunkering vessels, long-term gas feedstock supply, and shared carbon dioxide pipeline infrastructure.
Pupuk Kujang Fertilizers has announced the trial production of renewable ammonia at its existing factory earlier this month. A total of 50 tons of renewable ammonia will be produced at first, and co-fired in an 8-hour trial at PLN Power Indonesia’s Banten Labuan power plant.
ExxonMobil and Trammo are in talks which will see the latter offtake 300,000 to 500,000 tons of low-carbon ammonia from the under-development, CCS-based ammonia project in Baytown, Texas.
To explore wind-based renewable ammonia production in Nova Scotia and lessons learned from the recently-finished FEED study for the Point Tupper project, EverWind Fuels and Black & Veatch joined Project Features this month. Discussion included a detailed breakdown of the lessons learned designing flexible hydrogen and ammonia production plants.
ACME has selected two Chinese technology providers for the first phase of its renewable ammonia project in Oman, which will produce renewable ammonia from 2027.
H2 Global Energy and its development partners are progressing a range of renewable hydrogen and derivatives projects across the Middle Eastern and North Africa region, including renewable ammonia mega-projects in Jordan and Egypt.
Korean energy company LUPRO has entered into a long-term tripartite production, supply and sales agreement with Oman’s Muscat House and Thailand’s MA Corporation for the production and export of renewable ammonia to Asia, beginning in 2027.
To explore Trinidad & Tobago' s existing ammonia production capacity and the new imperative to decarbonize, the Energy Chamber of Trinidad & Tobago and Argus Media joined Project Features last month. To maintain its market share in key export destinations and meet climate goals, Trinidad & Tobago has a series of decarbonized ammonia projects underway, including the use of wind, solar and gas-based CCS pathways.
H2Global’s new €3 billion auction for long-term supplies of renewable hydrogen and its derivatives has received EU approval, including €1.2 billion for regional funding in Canada and Australia. H2Global also progressed partnerships with the Tokyo Metropolitan Government, and the Solar Energy Corporation of India.