According to The Australian Financial Review, the major Japanese gas buyer, Osaka Gas, backs an ambitious $US10.75 billion ($15 billion) green hydrogen project in the Northern Territory desert.
The project called Desert Bloom Hydrogen (10 gigawatt) will combine a large solar farm in central Australia with novel, modular 2MW hydrogen producing units capable of extracting water from the atmosphere to create green hydrogen, heat, and power, meaning there will be no need to deplete riverine water sources or aquifers.
It aims for initial production of about 2500 kg/day, rising to about 35,000 kg/day from the $600 million first phase, before moving to a second, export-oriented stage involving up to 410,000 tonnes of hydrogen a year. Production cost is said to be less than $US2 per kilogram.
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