{"id":76389,"date":"2023-03-08T02:00:59","date_gmt":"2023-03-08T02:00:59","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/03\/08\/japanese-australian-jv-gets-usd-1-6-bn-to-convert-coal-into-hydrogen\/"},"modified":"2023-03-08T02:00:59","modified_gmt":"2023-03-08T02:00:59","slug":"japanese-australian-jv-gets-usd-1-6-bn-to-convert-coal-into-hydrogen","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/03\/08\/japanese-australian-jv-gets-usd-1-6-bn-to-convert-coal-into-hydrogen\/","title":{"rendered":"Japanese-Australian JV gets USD 1.6 bn to convert coal into hydrogen"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Japan will invest USD 1.6 bn to back a Japanese-Australian joint venture project <\/strong><strong>producing hydrogen from brown coal<\/strong>, <a href=\"https:\/\/www.reuters.com\/business\/energy\/japanese-govt-awards-162-bln-japan-australia-hydrogen-energy-supply-jv-2023-03-07\/\">Reuters<\/a> reports. The USD 336 mn Hydrogen Energy Supply Chain (HESC) project is led by Kawasaki Heavy Industries and creates Japan's first hydrogen supply chain between Australia\u2019s Victoria state and Kawasaki, the newswire quotes Japanese Industry Minister Yasutoshi Nishimura as saying. Production will begin towards the end of the decade and reach 30 to 40k tons of hydrogen per year \u2014 potentially rising to 250k tons \u2014 through carbon capture, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-06\/japan-offers-1-6-billion-to-australia-s-coal-to-hydrogen-plan?srnd=green\">Bloomberg<\/a> adds.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Tesla <\/strong>has lowered the price of some of its <strong>electric vehicles <\/strong>in the US by<strong> USD <\/strong><strong>5k<\/strong> in a bid to boost sales. This is the fifth time the company slashes prices in the US this year. (<a href=\"http:\/\/v\">The Guardian<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Japan will invest USD 1.6 bn to back a Japanese-Australian joint venture project producing hydrogen from brown coal, Reuters reports. The USD 336 mn Hydrogen Energy Supply Chain (HESC) project is led by Kawasaki Heavy Industries and creates Japan's first hydrogen supply chain between Australia\u2019s Victoria state and Kawasaki, the newswire quotes Japanese Industry Minister [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":76390,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,327,11,39,207,88],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-76389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-australia","tag-enterpriseclimate","tag-green-hydrogen","tag-japan","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"c6057f7c-100e-4bdd-81ea-964d7bb29de4","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/168.jpg","photo_position":"above","related_issue":[76374],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Japanese-Australian JV gets USD 1.6 bn to convert coal into hydrogen - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/03\/08\/japanese-australian-jv-gets-usd-1-6-bn-to-convert-coal-into-hydrogen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japanese-Australian JV gets USD 1.6 bn to convert coal into hydrogen\" \/>\n<meta property=\"og:description\" content=\"Japan will invest USD 1.6 bn to back a Japanese-Australian joint venture project producing hydrogen from brown coal, Reuters reports. 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