Origin Energy withdraws from hydrogen projects due to high costs, impacting Australia's renewable energy transition.

Origin Energy, an Australian energy company, has decided to withdraw from its hydrogen projects due to high costs. This exit is a setback for Australia’s federal government, which aims to transition to renewable energy through hydrogen fuel. Origin will not invest in the Hunter Valley Hydrogen Hub, a key project shortlisted for funding under the Labor government’s $2 billion Hydrogen Headstart initiative.

October 03, 2024
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