Worley announced completion of a strategic advisory study on renewable hydrogen capital costs for the Australian Renewable Energy Agency, ARENA. The analysis examines investment cost drivers and opportunities to reduce them.
The Australian team assessed 24 cost-reduction approaches with support from global hydrogen and project delivery specialists. Results have informed ARENA planning discussions. The announcement concerns a consulting deliverable rather than an EPC tender award or financing decision for a new hydrogen plant.
In an IEA scenario, electricity could cost-effectively supply 33 percent of final energy use by 2035; projected import savings are not realized outcomes.
The utility’s long-term plan projects lower emissions despite rising electricity demand; its solar, battery and reverse-osmosis targets are not completed outcomes.
Emirates News Agency (WAM), citing Emirates Water and Electricity Company (EWEC)4 min read
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