Industry Solutions

Megaproject Model Unlocking Hydrogen Cost Challenges

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A new wave of green hydrogen developers are targeting a step change in project scale to deliver transformational cost reductions. Internationally, two firms, CWP Global and InterContinental Energy, are spearheading the megaproject push. Their Asia Renewables Energy Hub (Areh) in Australia envisages a late-2025 final investment decision (FID). The 26 gigawatt wind and solar project, involving investment of around $40 billion in phases, could be pivotal in making large-scale green hydrogen viable.

Topics:
Hydrogen, Energy Storage, Low-Carbon Policy
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