A hydrogen trading agreement between Australia and Germany is one step closer to fruition.
RWE Supply and Trading and The Hydrogen Utility (H2U) have joined forces to progress future hydrogen trading between the two countries under a Memorandum of Understanding (MoU) inked today (15th April).
Together, the partnership aims to bring green hydrogen produced in Australia to Europe.
Australia’s H2U already has plans to build a 75-megawatt electrolysis plant, which can supply hydrogen for about 40,000 tonnes of ammonia annually, that could be utilised for the trading agreement.
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