LOY YANG, Australia (Reuters) – A Japanese-Australian venture has begun producing hydrogen from brown coal in a A$500 million ($390 million) pilot project that aims to show liquefied hydrogen can be produced commercially and exported safely overseas. The plan is to create the first international supply chain for liquefied hydrogen and the next big step will be to ship a cargo on the world’s first liquefied hydrogen carrier. “We have the potential here to be world leaders in the production and export of hydrogen and this project is developing up that technology to do exactly that,” Australian Energy Minister Angus Taylor told Reuters on the sidelines of a ceremony marking the event. Australia, already dominant in global liquefied natural gas (LNG) trade, is hoping liquefied hydrogen will give it a greener market for its coal and gas. Run by Kawasaki Heavy Industries and located in the state of Victoria, home to a quarter of the world’s known brown coal reserves, the project is key to helping Japan meet its target of net zero carbon emissions by 2050. The world’s fifth-largest energy consumer aims to boost its annual hydrogen demand tenfold to 20 million tonnes by 2050, equivalent to about 40%… continue reading
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