Fortescue has announced plans to open its first manufacturing centre in the United States, partnering with the state of Michigan to establish a production hub for automotive and heavy industry batteries, fast chargers and hydrogen electrolysers.
Australian mining and green energy major Fortescue has revealed plans to establish a new clean energy technology manufacturing plant in the United States as it looks to take advantage of America’s $565 billion (USD 369 billion) Inflation Reduction Act.
A number of Fraunhofer institutes in Germany want to make green hydrogen more cost-competitive and are working to identify the best and most economical processes for the production of electrolysers. They intend to build a digital library of future-proof electrolyser manufacturing processes with which the investment costs and even the return on investment can be determined in advance depending on the planned production volume.
With South Africa holding 63,000 of the world’s estimated 69,000 metric tons of platinum reserves – according to the Statista.com website – and Russia and Zimbabwe a further 5,100 between them, the European Commission has cited the metal as an example of a potential supply chain bottleneck that could handicap its grand plans for renewables-powered hydrogen production.
Researchers from the University of New South Wales have run the numbers, run them again, and then run them a third time to make triply sure. Australia’s solar resources and the rapidly falling costs of solar-powered hydrogen production mean that the future hydrogen economy is green whether the Morrison Government likes it or not.
Why did the chicken cross the road? It wanted to get to an electrolyser and close the loop on a persistent dilemma: what comes first — a critical mass of hydrogen-fuel-cell vehicles, or the infrastructure of hydrogen production and refuelling opportunities that will see those vehicles confidently hit the tar?
To achieve the goal of ‘H2 under $2’, ARENA has opened the $70 million Renewable Hydrogen Deployment Funding Round for expression of interest from large scale renewable hydrogen projects.
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