Thyssenkrupp to Conduct a Feasibility Study for the Han-Ho H2 Hub Project
Thyssenkrupp Uhde has won a contract by Australian renewable energy company Ark Energy to carry out a feasibility study to support the development of the Han-Ho H2 Hub project. Ark Energy is leading the Han-Ho H2 Consortium involving three of Korea’s largest conglomerate groups including Hanwha Impact, Korea Zinc and SK Gas.
The Han-Ho H2 Hub project has the goal to establish a large-scale green ammonia supply chain between Australia and South Korea with multi-gigawatt hydrogen production potential co-located with renewable energy generation in Central Queensland, Australia.
The study will involve a comprehensive techno-economic analysis of the power-to-ammonia value chain using Thyssenkrupp Uhde’s proprietary methodology. The goal is to evaluate the influence of various factors on the overall cost-effectiveness of the green ammonia plant and explore multiple scenarios to identify optimal plant designs. Thyssenkrupp Uhde will also provide technology, engineering services and integration know-how for the green ammonia facility based on the company’s ammonia synthesis technology.
Thore Lohmann, executive director Fertilizer & Methanol at Thyssenkrupp Uhde, said: “With our technologies, we at Thyssenkrupp Uhde are making a significant contribution to the green transformation. With new partnerships like this one with Ark Energy, we are building a sound business case for this groundbreaking green energy project and taking an important step towards climate-friendly production of green ammonia.”
Daniel Kim, CEO at Ark Energy, added: “The Consortium’s collective ambition is to build a green energy supply chain exporting up to 1.8 million tons of green ammonia from Australia to Korea by 2030. […] We have valued Thyssenkrupp Uhde’s contribution during the concept stage of our Han-Ho H2 Hub and look forward to working even more closely with them during the Feasibility Stage of our landmark project.”
