Geelong Hydrogen Hub
Geelong Hydrogen Hub
GeelongPort has announced plans to develop a Geelong Hydrogen Hub as part of its energy precinct. The Geelong Hydrogen Hub will be a production and distribution facility for green hydrogen.
| Main proponents:
GeelongPort, Fortescue Future Industries |
Main end-use classification:
Export potential, domestic use |
Status:
Under development |
Estimated cost:
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| Other involvement:
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Production details:
Under evaluation |
Location:
Victoria, Australia |
Announced funding:
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Project description
Situated on Corio Bay, GeelongPort is Victoria’s second largest port located within Victoria’s largest regional city, Geelong, around 75 kilometres southwest of Melbourne.
In February 2023, GeelongPort signed a Memorandum of Understanding (MoU) with Fortescue Future Industries to undertake a joint feasibility study to construct a green hydrogen production facility in Geelong.
Through this feasibility study, GeelongPort and Fortescue Future Industries will map key operational and commercial plans for the project and develop a potential production timeline. The study will also assess the suitability of an optimal site within GeelongPort.
Under the MoU, GeelongPort and Fortescue Future Industries expect to complete the joint feasibility study by the end of 2023, and a final investment decision is expected to be made at the end of 2024.
It will focus on assessing the accelerated implementation of a large-scale production facility from green hydrogen and preferred derivatives, including ammonia, for export and domestic use.
GeelongPort is seeking expressions of interest from local businesses who wish to access green hydrogen as a sustainable fuel source and help reduce the greenhouse gas emissions of their operations and contribute to a clean energy future.
Reviewed: February 2024