Keppel Data Centres, Woodside Energy ink deal that will allow them to develop hydrogen supply chains
Benjamin Cher
KEPPEL Data Centres and Woodside Energy have signed a non-binding heads of agreement (HOA) to evaluate potential supply of liquid hydrogen to Singapore.
This supply would also include Woodside’s proposed facility in Perth, Western Australia.
This deal allows both companies to develop key hydrogen supply chain agreements. There is also a reference to potential purchase of 1,000 tonnes of liquid hydrogen per day by Keppel Data Centres as early as 2030. Both Woodside and Keppel Data Centres expect production and shipping technology to have reached maturity by then.
“Liquefying hydrogen provides the opportunity to export energy that can contribute to the decarbonisation goals of customers and provide an economic and trade opportunity that supports the Singapore-Australia Green Economy Agreement,” said Shaun Gregory, executive vice-president, new energy, Woodside.
The liquid hydrogen supply chain is expected to reduce emissions generated by Keppel Data Centres’ facilities. The supply will be used to cool data centres.
“We are investing to create a sustainable future for data centres through innovative lower-carbon solutions. Access to a stable supply of hydrogen to power our data centres in Singapore will accelerate our decarbonisation efforts as we transition towards net zero emissions,” said Wong Wai Meng, chief executive officer, Keppel Data Centres.
Shares of Keppel closed down S$0.06 or 0.9 per cent to S$6.35 on Tuesday.
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