Hall of Famer
- Nov 6, 2014
- AFL Club
- Port Adelaide
”The world’s largest “green” hydrogen production facility has commenced operation at a steel mill in Austria, where it will seek to demonstrate that fossil fuels can be replaced for industrial uses such as steel production.Gupta put out his annual Christmas message to staff on Christmas eve. Cultana gets a specific mention early as part of their long term use of renewables to produce "Green Steel," but at 2.23 he mentions hydrogen and its application to green steel, but doesn't expand on the hows, whats and whens.
Plenty of activity by GFG in Oz and around the world in 2019 and doesn't look like it will slow down in 2020.
I don't think the question of hydrogen being suitable for use on an industrial scale is the issue but more can it be produced economically on an industrial scale? Solve this issue and most of our energy and climate change/environmental issues will be solved. At least there are some people working on it.”The world’s largest “green” hydrogen production facility has commenced operation at a steel mill in Austria, where it will seek to demonstrate that fossil fuels can be replaced for industrial uses such as steel production.
The 6MW “CO2-neutral” hydrogen production facility is backed by 18 million ($A29 million) in funding from the European Union, and is intended to test whether CO2-neutral (“green”) hydrogen is suitable for use on an industrial scale.“
"Using coal to produce hydrogen would be the best and cheapest way to build a low-emissions export industry and provide an alternative to battery-powered cars.I don't think the question of hydrogen being suitable for use on an industrial scale is the issue but more can it be produced economically on an industrial scale? Solve this issue and most of our energy and climate change/environmental issues will be solved. At least there are some people working on it.
Researchers have successfully tested a new material that can be used for cheap and large-scale production of hydrogen – a promising alternative to fossil fuel.www.sciencedaily.com
Was actually looking at when GFG brought a majority stake in ZEN on Monday.British billionaire and Whyalla steelworks owner Sanjeev Gupta sells a key investment less than three years after purchasing it amid a push to cut costs within his international business.www.abc.net.au
British billionaire and Whyalla steelworks owner Sanjeev Gupta has sold a key investment less than three years after purchasing it amid a push to cut costs within his international business.
Gupta is running a sales process for the Whyalla Steel worksWas actually looking at when GFG brought a majority stake in ZEN on Monday.
Looks like GFG are getting out of the consumer side of the solar generated electricity market but keeping the industrial side. Pity I was looking forward to a fully integrated approach from our sponsors that the club offers to members - buy a Zen energy solar panel and battery solution and use it to run your MG ZSEV model.
The sale will see ZEN Energy retain the electricity and energy services business undertaken during the merger.
That includes significant energy supply contracts with the South Australian Government, the University of Adelaide and a number of industrial clients.
Project development businesses, such as the Cultana Solar Farm near the Whyalla steelworks, will be owned by SIMEC Energy Australia.
I'm all for greensteel but let's get real:
This was an op-ed from Gupta from a couple of weeks ago:
"It makes more economic sense for Australia to produce and export green steel than to export hydrogen. Value-added green steel will be in high demand globally given the growing momentum in decarbonisation. This could be the foundation for an industrial revival in Australia, offering it the chance to be a global leader in a new hydrogen economy.
We’ve been working hard on this through our Greensteel transformation plans at the Whyalla Steelworks, in South Australia.
Whyalla’s time to shine on the world stage is now. It has the best conditions for solar and onshore wind energy anywhere in the world (hence our 280MW Cultana Solar Farm initiative), abundant magnetite iron ore reserves which enable new, less carbon-intensive technologies and processes to be used, a deep-sea port, a skilled workforce and supportive community and government. All the necessary ingredients are there for a world-leading green steel hub."
They already have technology being developed to use hydrogen reduction of iron ore. So that’s 20% reduction in carbon already. In fact, it might be the reason why Gupta wants to sell the current steelworks - in Europe they’ve got these things coming on line over the next few years, and he might want to raise capital to build a new plant.I'm all for greensteel but let's get real:
1) desalinate water (energy)
2) separate hydrogen from oxygen (energy)
3) chill to minus 250 degrees (energy)
If Europe covered the entire continental land mass with solar panels, then covered that with wind turbines, there would not be sufficient energy to produce enough hydrogen for their needs.
For Greensteel to succeed, we will need to think outside of the box.
A Port Power sponsor, other one in partnership with a Port Power benefactor, third one employs a former Port Power executive and a well known Port Power supporter. Mention one, you gotta mention all three.View attachment 1055394
"THREE of the nation’s biggest resources billionaires – Gina Rinehart, Andrew Forrest and Sanjeev Gupta – are backing a new research hub to be built in Adelaide aimed at slashing carbon emissions to transform Australia into a “green” steel and iron giant.
It could put South Australia at the heart of the race to develop technological solutions to combat climate change.
Adelaide University, which is driving the bid to establish the hub, estimates the research would help Australia pivot to producing “green” materials that could create $48.7bn a year for the economy. It also predicts 92,000 new jobs could be created over the next decade by companies transitioning to low-carbon processes."
No mention of Sanjeev being a Port Power sponsor like when he is a bit slow paying his creditors.