Enel builds green hydrogen collaboration with Oz company
- Cooperation with Fortescue Future Industries to concentrate on Latin America and Australia
![Enel builds green hydrogen collaboration with Oz company Enel builds green hydrogen collaboration with Oz company](/images/sections/47/20221102/s0_9849.webp)
Australian renewable green energy developer Fortescue Future Industries (FFI) as well as Enel Green Power will partner together to explore co-development of the green hydrogen value chain with an initial focus on Latin America and also Australia.
The business, through this collaboration, aim to make green hydrogen cost-competitive with fossil fuel-based alternatives throughout this decade.
Enel Green Power president Salvatore Bernabei claimed: "We strongly believe that in the future green hydrogen can play a strategic role in the decarbonization of global energy systems, complementing direct electrification.
" This partnership with a companion such as FFI totally fits within Enel's hydrogen technique to decrease the green hydrogen manufacturing cost, via the scale-up of innovation as well as through ingenious remedies."
FFI president Mark Hutchinson included: "This interesting announcement comes at a defining moment in energy.
" As winter season techniques, as well as energy costs remain to skyrocket, affordable green energy prices have never ever been even more required.
" Green hydrogen and also green ammonia are part of the solution for not only energy safety and security and also lower energy costs, but also for battling climate change.
" With a solid tried and tested record and also devotion in green energy, Enel is the best companion to collaborate with to make a green future a truth."