Origin Energy signs up for hydrogen partnership with Korean steel giant
Leading South Korean manufacturer Posco has signed a watershed deal with Australian power company Origin Energy to use our hydrogen to create green steel.
The two companies have entered into a memorandum of understanding to cooperate on producing and supplying green power to Korea. The announcement comes as operations worldwide seek to decarbonise their industries, as the world works towards a more sustainable future.
Origin is already preparing export-scale projects, including a 300-megawatt project in Townsville powered by wind and solar, and a 500-megawatt green ammonia plant at Bell Bay Tasmania. This could be the first of many partnerships forged with major nations, including China, Japan and Korea, committing to be carbon net-zero by 2050 or 2060.