The South Australian Government is showcasing its world-leading hydrogen and renewable energy initiatives at the Hydrogen and Renewable Energy Roundtable in Singapore.
The event aims to generate international investment in South Australia’s green energy industry, with attendees including major equity, venture, and renewable energy companies worth billions of dollars seeking exposure to opportunities in South Australia.
The Hydrogen and Renewable Energy Roundtable, part of South Australian Trade and Investment Minister Nick Champion’s mission to Singapore, will highlight South Australia’s world-leading hydrogen and renewable energy initiatives.
Hosted by Mr Champion, the event’s attendees include major listed equity, venture and renewable energy companies worth billions of dollars seeking exposure to opportunities in South Australia.
Mr Champion said Australia is already on the board as a global leader in renewable energy, and now we are gaining momentum as a world leader in green hydrogen.
“South Australia’s unique mixture of high-quality wind speeds and solar radiation make us a word-class, low-cost green hydrogen supplier, with exports set to be highly sought after,” Mr Champion said.
“The Singaporean Government, industry and investors are monitoring our State’s progress in this area with great interest – and they are eager for opportunities to invest and collaborate on technology solutions.”
While in Singapore, Mr Champion also met with Trafigura – owners of Nyrstar, who are Port Pirie multi-metals facility operators – in Singapore to discuss plans for a hydrogen manufacturing facility in South Australia.
Trafigura is one of the world’s largest physical commodity trading companies and is working with Nyrstar and the South Australian Government to explore opportunities to progress commercial scale green hydrogen manufacturing facilities in Port Pirie.
Trafigura Head of Products Trading, Alex Garas, said Trafigura is pleased to be working with the South Australian Government on opportunities to produce and use green hydrogen.
“We also are working together to explore increased critical and strategic metal extraction at Port Pirie,” Mr Garas said,
The proposed project could deliver huge economic benefits to the state, including jobs in hydrogen manufacturing.
The full-scale plant would produce 100t of green hydrogen per day from a 440MW electrolyser, enabling it to meet both export and domestic supply needs.
In December 2022, the South Australian Government launched its international Request for Proposals (RFP), seeking industry partners to help deliver its Hydrogen Jobs Plan – comprising a hydrogen power plant, hydrogen production and storage facilities.
RFPs for the major project closed on 15 March 2023 at 5pm local time.
Singapore’s new national hydrogen strategy to achieve net zero emissions by mid-century makes the country a key market for South Australia’s future hydrogen exports.
The South Australian Government’s Hydrogen Jobs Plan will include the construction of world-leading hydrogen facilities, including 250MWe of electrolysers, a 200MW power station and hydrogen storage infrastructure.
South Australia is a global leader in renewable energy, with more than $7 billion invested in renewable energy projects and a further $20 billion in the pipeline.
More than 70 per cent of South Australia’s electricity requirements are met by renewable energy; by 2030, the State is expected to be a net 100 per cent renewable energy generator.
