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Hydrogen prospectus reveals future of South Australia renewables

November 24/2020

MOSCOW (MRC) -- The South Australia state government will today launch its hydrogen prospectus, detailing three hydrogen hubs to position the region at the forefront of global clean hydrogen production and exportation, said Hydrocarbonprocessing.

The three hubs are located at Port Bonython, Port Adelaide and Cape Hardy/Port Spencer. Just one of the hydrogen hubs could at least double the current installed capacity of solar and wind farms in South Australia. Minister for Energy and Mining, Dan van Holst Pellekaan said the prospectus shows that South Australia’s world class wind and solar resources can underpin our international competitiveness as an exporter of clean hydrogen to Asia and other regions.

@Hydrogen is shaping up as a game-changer in the fight against climate change and our aim is to get the cost down so that it’s a commercially attractive option for heavy transport, power generation and use by industry,” said the minister. “This prospectus reveals that South Australia can become a national and international exporter of clean power, while achieving the goal of net-100% renewable energy.

"The hub at Port Bonython in the Upper Spencer Gulf could export industrial-scale green hydrogen around Whyalla and Port Augusta. The minister will launch the Hydrogen Export Modelling Tool and Prospectus during the state government’s Clean Energy Month webinars, and said the announcement will continue the spotlight on the Marshall government’s ambitions in the green hydrogen and renewable energy sectors.

“This is a key step in our plan to make South Australia a consumer and exporter of clean hydrogen. “This Prospectus and tool builds on the government’s Hydrogen Action Plan, which was released at the International Conference on Hydrogen safety in September 2019."

South Australia already has Australia’s largest electrolyser at Hydrogen Park SA at Tonsley. “This new Prospectus and modelling tool cements our credentials as a world-class place to do business and leading renewable hydrogen producer and supplier to the world."

As MRC informed previously, global oil demand may have already peaked, according to BP's latest long-term energy outlook, as the COVID-19 pandemic kicks the world economy onto a weaker growth trajectory and accelerates the shift to cleaner fuels.

Earlier this year, BP said the deadly coronavirus outbreak could cut global oil demand growth by 40 per cent in 2020, putting pressure on Opec producers and Russia to curb supplies to keep prices in check.

And in September 2019, six world's major petrochemical companies in Flanders, Belgium, North Rhine-Westphalia, Germany, and the Netherlands (Trilateral Region) announced the creation of a consortium to jointly investigate how naphtha or gas steam crackers could be operated using renewable electricity instead of fossil fuels. The Cracker of the Future consortium, which includes BASF, Borealis, BP, LyondellBasell, SABIC and Total, aims to produce base chemicals while also significantly reducing carbon emissions. The companies agreed to invest in R&D and knowledge sharing as they assess the possibility of transitioning their base chemical production to renewable electricity.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,594,510 tonnes in the first nine months of 2020, up by 1% year on year. Only high denstiy polyethylene (HDPE) shipments increased. At the same time, PP shipments to the Russian market reached 880,130 tonnes in the nine months of 2020 (calculated using the formula: production minus exports plus imports, excluding producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, neftegaz, petrochemistry.
Category:General News
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