Murihiku Regeneration continues to explore renewable energy projects while Southern Green Hydrogen is put on hold
Meridian Energy has advised that the Southern Green Hydrogen (SGH) project has been put on hold until market conditions improve, and their partnership with Woodside Energy has ceased.
Murihiku Regeneration has confirmed that while commercial discussions between project participants have now ceased, it would be continuing to explore Murihiku-Southland based renewable energy projects in the community and national interest.
Southern Green Hydrogen (SGH) was initiated by Meridian Energy in 2022 as a global green hydrogen export opportunity. After running a competitive market process, Woodside Energy was selected and appointed as a joint developer of the project, alongside Mitsui & Co, who would participate as the global market offtake expert. Hokonui Rūnanga (representing Ngāi Tahu) was invited to be a partner in the project at the point of a final investment decision.
Mr Terry Nicholas, confirms that“ while SGH has been put on hold, Murihiku Regeneration will continue to actively explore other renewable energy projects in the Murihiku-Southland region on behalf of Hokonui Rūnanga, Ngāi Tahu, and the wider community.
“We remain fully committed to exploring future renewable energy project opportunities, including the role that green hydrogen can and will likely play in Murihiku-Southland, and in New Zealand in the coming years.”
“ Through our involvement with the SGH Project, we have learned a lot about global renewable energy markets. We have also established very good working relationships with participants, which has been a significant indirect benefit from the project. We will be carrying this forward for future initiatives.”
“We are continuing discussions with Woodside Energy and Mitsui & Co, along with other parties to investigate future project opportunities. We remain confident that future project opportunities will be identified and activated as market conditions allow,” confirmed Terry Nicholas.
Murihiku Regeneration is hosting its annual Energy, Oceans, and Innovation Conference (Wānanga) on 26 -27 November in Invercargill to share updates on future energy projects and opportunities.
For more information please look at the Stuff article ‘Meridian pushes pause on Southern Green Hydrogen’
Posted: 28 August 2024