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Canberra rejects $36bn green hydrogen project

  • Market: Electricity, Hydrogen
  • 21/06/21

The Australian federal environment minister has rejected an expanded plan to build a 26,000MW wind and solar project in the Pilbara region of Western Australia to produce hydrogen and ammonia for export to the Asia-Pacific region.

The $36bn project would cause too much damage to wetlands, coastal regions and critical habitat for migratory birds, minister Sussan Ley said.

The 15,000MW Asian Renewable Energy Hub (AREH) has already been approved for development, but this smaller project included an underwater transmission cable to Indonesia or Singapore rather than a hydrogen or ammonia export facility.

The larger 26,000MW AREH was granted major project status by Canberra in October as part of a wider policy to support the development of a hydrogen export industry in Australia. It is likely that the project will be revised again to address some of the environmental concerns raised by Ley, before being resubmitted for approval.

The AREH consortium includes Danish wind turbine manufacturer Vestas, Australian private-sector energy firm CWP Renewables and Hong Kong-based energy firm InterContinental Energy.

The AREH project partners plan to make a final investment decision (FID) on the venture by 2025 and intend to sign supply agreements with consumers before the FID.


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London, 14 May (Argus) — The Market Coupling Steering Committee (MCSC) has confirmed that Europe's transition to 15-minute settlement periods in the Single Day-Ahead Coupling (SDAC) market will be delayed to 30 September, citing some parties' lack of "non-technical readiness". The joint committee of nominated electricity market operators (Nemos) and transmission system operators (TSOs) had planned to launch 15-minute settlements on 11 June, and it stressed that most parties are technically ready for this date. But as some parties are not ready, the first delivery date for 15-minute trading will now be 1 October, after market launch a day earlier. The MCSC said it had considered "alternative go-live scenarios", but concluded that these could not be accommodated. Eleven Nemos confirmed their "readiness and commitment" to Argus in April , with only French-based exchange Epex Spot saying it would vote against the 11 June start date, citing "operational concerns" and "too many failures in testing". The Nemos — including Oslo-based Nord Pool, Spain's Omie and Italy's GME — did not "share [Epex Spot's] misgivings", and said the decoupling risk cited by Epex Spot was "not due to a lack of reliability" in the system. Instead, they attributed this to certain parties' internal initial local testing problems. The MCSC confirmed that "performance tests of the joint systems and procedural tests have been successfully completed" and that they "were on a good track". By Daniel Craig Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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EVs to make up quarter of 2025 European car sales: IEA


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14/05/25

EVs to make up quarter of 2025 European car sales: IEA

London, 14 May (Argus) — European emissions targets are expected to push electric vehicle (EV) sales to 25pc of total car sales in the EU and the UK in 2025, according to the IEA, with a projection for that share to reach 60pc by the end of the decade. Europe and China are expected to continue to lead the surge in EV sales worldwide, according to an IEA report published on Wednesday that provided an updated outlook on the global EV market. Records have been broken across all major European markets, with EV sales up by 20pc on the year in the first quarter of 2025, although lagging the 35pc increase in China. Emissions targets are the main driver of increased European sales, outweighing the fact that the cost differential between EVs and conventional internal combustion engine vehicles is higher than in other regions, according to the IEA. Higher fuel costs in Europe have also supported the surge in Europe's EV sales by incentivising the adoption of battery-powered technologies. But EV sales growth stagnated in many European markets across 2024. The share of EVs in total vehicle sales remained the same or fell in 13 of the 27 EU member states over the course of the year, according to the report. The IEA attributed stagnation in 2024 in major EU markets such as France and Germany to the phasing out or progressive reduction of subsidies that incentivise EV sales. EV sales grew substantially in the UK, with their market share in 2024 reaching 30pc — up by six percentage points from a year earlier. The IEA highlighted the UK's annually changing targets for emissions as a possible reason for the growth differential with major EU markets, which have fixed five-yearly targets, due to be reassessed in 2025. The IEA projects European public charging points for light-duty vehicles to reach 2mn by 2030, requiring annual additions of around 210,000 charging points until the end of the decade to reach this target. This would result in 115GW of total public charging capacity across the continent, according to the IEA's projections. Additions across Europe in 2024 totalled 275,000. By James Doran Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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NRG to buy gas power plants in $12bn deal


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France mulls 1.5pc renewable H2 target for transport


13/05/25
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13/05/25

France mulls 1.5pc renewable H2 target for transport

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Australian PM reaffirms climate priority in new cabinet


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Australian PM reaffirms climate priority in new cabinet

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