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APA's new gas generator remains in UNGI limbo, can't find a customer

23 February 2021
APA Group has told shareholders that it sees new growth opportunities in emerging clean energy markets, as the collapse in gas prices and lower production dents valuations of the company’s gas facilities, and a planned gas generator remains stalled due to Morrison government delays.
APA is one of Australia’s largest owners of gas infrastructure, including a portfolio of more than 15,000 kilometres of natural gas pipelines, but has recently branched out into the clean energy sector, with investments in wind and solar power stations, as well as hydrogen production facilities.
The gas producer told shareholders that it expects to play a substantial role in the Morrison governments ‘gas led’ recovery while also acknowledging that the company would need to look to alternative markets for growth. ....

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Will green hydrogen become the next big thing in energy?

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Bell Bay, at the mouth of the Tamar River, once housed Tasmaniaâs only oil-fired power station. It was built in the 1960s and, when it was decommissioned in 2009, a new plant began operating directly next door â Tamar Valley Power Station â which runs on gas instead.
Today, as the world edges further away from coal, oil and gas, Bell Bayâs sprawling industrial precinct has become the unlikely setting for a new phase of the energy transition, one that is increasingly gaining promise as a missing piece in the push to slow global warming: green hydrogen manufacturing. ....

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