Hydrogen

The energy of the future, here today

Hydrogen
  • $40 million

    jointly invested in the Woodside Monash Energy Partnership, which includes hydrogen research

  • > 60

    active participants at our 1st Energy Transition Sprint

  • 2

    renewable green hydrogen projects shortlisted for funding

Hydrogen – energy for a lower carbon future

Demand is growing for safe, clean, affordable and reliable energy that also helps the world decarbonise. Hydrogen can safely power everything petrol or gas can, without emitting CO². It’s clean, abundant, versatile, and can store energy at much higher densities than batteries. Best of all, when consumed, the only by-product is water. Hydrogen offers an exciting pathway for decarbonisation both domestically and for export. It is a huge commercial opportunity for Australia, with the potential to create thousands of new jobs and a multi-billion-dollar export market.

We expect to see large-scale hydrogen production around the world by 2030 and we intend to be part of that.

Shaun Gregory, Executive Vice President Sustainability

Process

How can we make hydrogen?

At the same time as pursuing our Australian LNG growth projects, we are developing new energy and low-carbon solutions - like hydrogen - that will be part of our future. Our principles for hydrogen development are: 1) customer led; 2) technology agnostic; and 3) lowest cost. We are looking at opportunities for both blue hydrogen from natural gas with process emissions abated, and green hydrogen produced using renewable energy.

Our focus on blue and green technologies

The majority of hydrogen available today is produced through a process called steam-methane reforming (SMR):

  • Start with natural gas, which is largely made up of methane (containing four hydrogen atoms in each molecule).
  • The gas is reacted with high-temperature steam to release the hydrogen.
  • A small amount of carbon dioxide is generated during SMR, which we commit to managing through technical abatement or market offset.

Green hydrogen comes from renewable power sources, such as wind, solar, hydro, or geothermal.

  • The renewable energy powers electrolysers, which split water into hydrogen and oxygen atoms.
  • No carbon dioxide is produced.
  • Currently, around 5% of the world's hydrogen is produced in this way. We want to see this share increase, but to get there, the hydrogen industry needs scale, driven by demand. This requires a competitive price.

Thought leadership: the energy transition

We were excited to take part in four recent webinars hosted by Monash University through the Woodside Monash Energy Partnership. Our team spoke on different aspects of the transition: challenges and opportunities for green hydrogen, carbon reuse, and energy leadership.

Find out more

Our shortlisted Australian green hydrogen projects

Woodside is involved in two of seven shortlisted projects in the Australian Renewable Energy Agency’s A$70 million Renewable Hydrogen Development Funding Round. The proposed H2TAS Bell Bay Renewable Hydrogen Project would use Tasmanian hydro power and the Badgingarra Renewable Hydrogen Project would be based at the Badgingarra Wind and Solar Farm in regional Western Australia. Final funding applications were submitted in January 2021.