Hydrogen could compete with gas on price in Asia – panel

Large-scale projects targeting first output in the second half of this decade are negotiating offtake prices at parity with fossil fuels

Project developers in Australia’s nascent hydrogen industry are negotiating prices with offtakers that are competitive with existing fossil fuel products, delegates heard at an industry conference in Singapore on Wednesday. A number of large-scale export projects in Australia have been announced this year, most recently on Tuesday when Woodside Energy said it would invest A$1bn ($750mn) to build a hydrogen and ammonia production facility in Perth, Western Australia (WA). Developments are also underway in the country’s other major resource-exporting states of New South Wales and Queensland. Large-scale projects targeting first output in the second half of this decade are negotiating offtake p