Green hydrogen ambitions unravel as projects falter
The BHP Billiton Ltd. NKW Hydrogen plant stands in the port area of Kwinana, Western Australia.
Photographer: Carla Gottgens/BloombergHello, Rich Henderson in Bloomberg’s Melbourne bureau with the latest headlines:
Today’s must-reads:
• Australia’s green hydrogen ambitions fade
• Canberra expands clean power targets
• LNG exports pressure local energy prices higher
Australia’s green hydrogen dream is quickly fading. At least seven big hydrogen production projects have been delayed, scaled back or cancelled and include BP’s decision last week to exit a $36 billion facility in Western Australia.