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Iberdrola Australia and hydrogen developer ABEL Energy have announced they will be working together to deliver a green hydrogen and green methanol production facility at Bell Bay, in northern Tasmania, backed by new renewable energy generation within the state. The total estimated capital requirement for the methanol and renewable energy project is in the order of $1.7 billion.

Clean energy company Iberdrola Australia has partnered with hydrogen developer ABEL Energy for a green hydrogen and green methanol project at the Bell Bay production facility, known as the Bell Bay Powerfuels Project, in northern Tasmania.

Higher levels of energy exports from solar and battery systems can be achieved through dynamic (flexible) export limits rather than fixed.