Shipping Australia welcomes news of EUR1.1 bn green methanol investment in Tasmania

Pictured: an artist’s impression of a green hydrogen production plant to be build by Spanish energy giant Iberdrola. Hydrogen can be produced in an environmentally friendly way by using renewably-source energy (such as from the sun, wind, or waves) to create electricity that is used to split water into oxygen and hydrogen. Hydrogen when combined with carbon, and oxygen can be used to create methanol (CH3-0H), an alcohol that can be used as a marine fuel. Graphic credit: Iberdrola.

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https://www.shippingaustralia.com.au/shipping-australia-welcomes-news-of-eur1-1-bn-green-methanol-investment-in-tasmania/

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