When iron ore billionaire Andrew Forrest declared last year that his newly formed Fortescue Future Industries had set a target of producing 15 million tonnes of green hydrogen a year by 2030, most people thought “what a great ambition”, but wondered how and if it could be done.
It seems as though that sort of thinking was happening within Fortescue itself. But now, 12 months later and after a head spinning series of announcements, MOUs, company takeovers and claimed technology breakthroughs, they are convinced it can actually be done, and is not as far-fetched as thought.
In an interview for the latest episode of RenewEconomy’s weekly Energy Insiders podcast, FFI chief executive Julie Shuttleworth says technology advances and a surge in demand has convinced the company that it is very achievable.
“When we set this goal about 12 months ago … it certainly was a stretch…
Fortescue says its “very stretch” 15m tonne green hydrogen targets now very achievable
