The state-owned utility needs to replace the generation capacity it will lose by closing down all its coal-fired power stations over the next four years.
After a big splash four years ago and little publicity since, Woodside has teamed up with Japanese partners to promote a smaller, later, and dirtier hydrogen plant.
Macquarie and Brookfield will have to sell exploration potential in their $4 billion float of Quadrant Energy amid concern its domestic gas plants could run dry in as little as six years.
Woodside is confident it will not have to pipe gas to WA from its giant Pluto project despite the company’s five-year reprieve from the State’s domestic gas policy ending in May 2017.
