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Woodside Energy cancels Tasmanian hydrogen project due to lack of renewable energy sources.
Woodside Energy cancelled its hydrogen project at Bell Bay in Tasmania due to the Liberal government's failure to deliver new renewable energy sources.
This marks the third major hydrogen project lost, affecting billions in investment and thousands of jobs.
The company cited challenges in electrolysis-based hydrogen production due to limited renewable energy generation.
Woodside may consider resubmitting a revised plan in the future.
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Woodside Energy cancela el proyecto de hidrógeno de Tasmania debido a la falta de fuentes de energía renovables.