Shell backs up from BlueScope Steel green hydrogen collaboration

The companies signed a memorandum of understanding for the project in December 2021.Shell Plc is stepping back in the green hydrogen project in which it had previously intended to participate with BlueScope Steel Ltd following its December 2021 memorandum of understanding (MoU).The energy giant is moving back from the New South Wales project following an initiatives assessment.Shell is drawing away from the Australian green hydrogen project after having completed a detailed scoping and assessment of its initiatives. The MoU signed between the companies was for the exploration and development of renewable H2 projects located at the steelmaker’s Port Kembla Steelworks located in New South Wales’ Illawarra region.The two companies had agreed to investigate the construction and operation of a 10 MW pilot electrolyzer. The purpose will be for testing renewable H2 use in the BlueScope…

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