Iberdrola Australia and Australia-based hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). The project, called Bell Bay Powerfuels, is backed by the Australian government and will involve an investment of €1.1 billion. The Bell Bay Powerfuels Project.
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Spanish energy company Iberdrola has joined a growing number of firms seeking opportunities in Australia’s burgeoning hydrogen industry, and it has an.
Iberdrola and ABEL Energy plan to use wind power to make green hydrogen, which would be converted into methanol to supply the decarbonising shipping industry.