TasPorts is at the forefront of enabling Tasmania’s green hydrogen future with the announcement today that it has signed an Option Agreement with Australian Fortescue Future Industries.
Posted
22 June 2021
TasPorts is at the forefront of enabling Tasmania’s green hydrogen future with the announcement today that it has signed an Option Agreement for land and operating access with Australian Fortescue Future Industries for its proposed 250 megawatt (MW) green hydrogen plant.
TasPorts Chief Executive Officer Anthony Donald said the signing of the Option Agreement demonstrates the organisation’s maturity in enabling commercial growth opportunities.
“Aligned with TasPorts Port Master Plan and our commitment to facilitate trade for the benefit of Tasmania, the signing of this agreement supports the organisation’s commitment to work with proponents and customers to enable new and emerging industries,” Mr Donald said.
“Securing land is one of the critical ingredients to enable the realisation of green hydrogen developments at Bell Bay and TasPorts is proud to be taking a lead role to support the renewable energy industry.”
Tasmania has an abundance of existing and expandable renewable energy resources and the Port of Bell Bay provides a perfect opportunity to support the export of green hydrogen, with land availability and access to a deep-water port.
Further opportunities exist within the industrial precinct and TasPorts is continuing to work with other proponents as it supports the Government’s Tasmanian Renewable Hydrogen Action Plan.