The $18 billion deal, which received huge investor support, comes weeks after Spark also passed into private hands and will leave no ASX-listed power network owners.
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APA, Woodside drop WA hydrogen project
May 10, 2021 – 5.16pm
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Gas pipeline giant APA Group and partner Woodside Petroleum have ditched their proposed renewable hydrogen project in Western Australia after they failed to win government support in the latest funding round, while the successful applicants race towards development.
APA and Woodside pitched for funds from the Australian Renewable Energy Agency for a proposed project in WA’s Central West, powered by APA’s Badgingarra wind and solar farm. They are, however, understood to have already backed away from the project before the news last week of the successful bids.
The plan was to produce green hydrogen for use in power generation, transport and industrial applications, and with longer-term options to deliver it by pipeline to Perth.