Keppel Data Center REIT: Keppel signs conditional offtake agreement with Woodside

Oct 23, 2024 | Posted by Abdul-Rahman Oladimeji

Keppel Data Centers has signed a conditional offtake term sheet to supply and purchase liquid hydrogen from Woodside. The company plans to integrate the potential liquid hydrogen supply into a broader, long-term portfolio of low-carbon power solutions that it is developing to meet the energy needs of its assets.

Wong Wai Meng, CEO of data centers at Keppel said: “As a leader in data centers, Keppel is pleased to deepen our collaboration with Woodside through the signing of an offtake Term Sheet, which has the ability to provide a reliable and stable source of lower carbon energy to power our assets in Singapore.”

Woodside will likely supply the liquid hydrogen from its proposed production facilities, including H2Perth. H2Perth is a commercial-scale hydrogen and ammonia production facility in Perth, Western Australia. A final investment decision on the project is currently pending. If it achieves FID, the project is expected to be constructed in phases, with phase one supplying up to 2,700 tons per day of ammonia produced through gas reforming (with carbon capture and storage) and electrolysis.