Australia: Energy giant sees hydrogen outshining nuclear in race to replace coal [View all]
EnergyAustralia CEO Mark Collette at the Tallawarra B gas-fired power station.Cedit:LOUIE DOUVI
Energy giant sees hydrogen outshining nuclear in race to replace coal
Sydney Morning Herald | Nick Toscano | April 1, 2024
One of Australias largest energy utilities says clean hydrogen has the potential to become a viable fuel capable of replacing natural gas in power plants within a decade, eliminating the need to consider building expensive nuclear generators.
The federal opposition is fighting the Albanese government over its ambitious renewable energy rollout targets, and is pitching nuclear as the nations essential future source of power to compensate for coal exiting the grid. Critics of the Coalitions push, however, say
onerous capital costs and lengthy construction timelines make nuclear energy an impractical solution for Australias needs.
EnergyAustralia, the countrys third-largest electricity and gas supplier, believes nuclear energy is unnecessary and does not include the technology in its long-term planning. Instead, says EnergyAustralia chief executive Mark Collette, green hydrogen could be scaled up to become a commercially available power source faster than it would take Australia to establish a nuclear industry.
Green hydrogen the name for hydrogen made using renewable energy burns cleanly, meaning it could provide the same emissions-free back-up for the grid during times of low wind and solar generation as nuclear.
To us, it looks like green hydrogen may come to life faster for Australia than nuclear could, and we think speed is really important, Collette said...more
https://www.smh.com.au/business/companies/energy-giant-sees-hydrogen-outshining-nuclear-in-race-to-replace-coal-20240331-p5fgcw.html
RELATED:
Australia, US See Low Cost Green Hydrogen On Horizon
CleanTechnica | Tina Casey | March 29, 2024
...Yet in their most recent levelized cost of hydrogen analysis, Bhashyam and his team found that a tipping point is just around the corner, Schelling wrote. From 2030 on, they find, producing green hydrogen in a new plant could be as much as 18% cheaper than continuing to run an existing gray hydrogen plant in five major economies around the world...
Using Western-made alkaline systems, green hydrogen beats out blue hydrogen by 2030 in all but a handful of modeled markets, Bhashyam told BNEF, referring to steam reformation systems coupled with carbon capture...more
https://cleantechnica.com/2024/03/29/australia-us-see-low-cost-green-hydrogen-on-horizon/