Enel builds green hydrogen collaboration with Oz company

Nov 2, 2022 04:38 PM ET
  • Cooperation with Fortescue Future Industries to concentrate on Latin America and Australia
Enel builds green hydrogen collaboration with Oz company
Image: Enel Green Power

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."

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