HomeNewsIberdrola partners with ABEL Energy on green hydrogen and methanol project in Tasmania

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Iberdrola partners with ABEL Energy on green hydrogen and methanol project in Tasmania

12/20/2022

Press Release - Iberdrola Australia   Iberdrola Australia and hydrogen developer ABEL Energy announced that they will be working together to deliver a green hydrogen and green methanol production facility at Bell Bay, in northern Tasmania, backed by new renewable energy generation within the state. The total estimated capital requirement for the methanol and renewable energy project is in the order of A$1.7 billion. The proposed green hydrogen and methanol production facility, known as the Bell Bay Powerfuels Project, was the subject of a A$1.3 million feasibility study and widely acclaimed Knowledge-Sharing Report completed earlier this year by ABEL Energy with a A$555,000 hydrogen fundi

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