Australian utility Origin Energy has backed out of AUD $207.6m ($142.6m) 55MW hydrogen hub project in New South Wales (NSW) and halted all hydrogen opportunities, blaming market development uncertainty.
The Hunter Valley Hydrogen Hub, in collaboration with chemicals and explosives firm Orica, was set to begin construction next year, ahead of hydrogen production starting in 2026.
Located near Newcastle, the project would have supplied 80% of the hydrogen produced to Orica’s 360,000 tonne per year ammonia facility on Kooragang Island.
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