Fortescue Expands Green Energy Into PNG
The title of this post is the same as that of this article on Perth Now.
This is the first paragraph.
Mining magnate Andrew “Twiggy” Forrest’s Fortescue Future Industries plans to develop more than a dozen hydropower and geothermal energy projects in Papua New Guinea.
Other points from the article include.
- Green hydrogen and ammonia will be created.
- This will create a domestic and export industry for a country that relies heavily on imported oil.
- Papua New Guinea will become a leader in the world’s renewable energy transition.
- The target is 2.3 million tonnes of green hydrogen a year.
There is also a commitment to the various communities of Papua New Guinea of training, employment and business development opportunities.
I estimate that to produce 2.3 million tonnes of green hydrogen a year, would need around 600 MW of electricity twenty-four hours a day on every day of the year.
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