RWE Supply and Trading (RWE) and Australian hydrogen project developer The Hydrogen Utility Pty Ltd (H2U) have joined forces to develop hydrogen trading between Australia and Germany and therefore signed a Memorandum of Understanding (MoU). Together, the companies aim to bring green hydrogen produced in Australia to Europe.
This is in line with the objective of HySupply, a 24-month German-Australian feasibility study which started December 2020 by the German Academy of Science and Engineering and the Federation of German Industries. RWE and H2U are contributing to this with their expertise. Furthermore, the planned LNG Terminal in Brunsbüttel, Germany, where RWE intends to book capacity, will be an ideal location for the future import of hydrogen into the country.
