Queensland Green Hydrogen Project Secures Government Funding for FEED Study

0

Funding will be allocated from Queensland’s A$2 billion Renewable Energy and Hydrogen Jobs Fund and will go towards the Front End and Engineering and Design (FEED) study to the project.

The project, once operational, will use renewable energy to produce hydrogen, liquefy it at Gladstone Port in Queensland, and then export the liquefied hydrogen to Japan. It includes a large-scale renewable hydrogen production facility at Aldoga near Gladstone and a liquefaction and shipping facility at Gladstone Port.

The FEED study will last 12 months and a final investment decision on the project will be made at the end of 2023. Once built, the plant will produce 800 tonnes of clean green hydrogen every day by the early 2030s.

Renewable energy expert Karah Howard of Pinsent Masons said: “With FEED study funding from the Australian Renewable Energy Agency (ARENA) approved and additional funding from Japan’s Ministry of Economy, Trade and Industry (METI) pending, this Queensland project for the production and export of liquid hydrogen from the port of Gladstone to Japan takes a decisive step towards the objectives of the two nations recorded in the “Joint Declaration Australia -Japan on Hydrogen and Fuel Cell Cooperation.”

“The project will encourage the growth of renewable energy in the region, where ARENA states that Australia’s existing expertise and infrastructure in energy export supply chains and proximity to emerging hydrogen import markets in Asia, as well as established commercial relationships, give Australia a competitive advantage. Project partners include APA Group – APT Management Services, Iwatani Corporation, Kansai Electric Power Company (KEPCO), Kawasaki Heavy Industries, Marubeni Corporation and METI,” she said.

The project developers are Stanwell, Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power Company, Marubeni Corporation and Australian energy infrastructure company APA Group. They started the feasibility study for the project in September 2021.

The Queensland Renewable Energy and Hydrogen Jobs Fund enables state-owned energy companies to increase their share of ownership in commercial renewable energy and hydrogen projects and supporting infrastructure, including by working with the private sector.

Share.

Comments are closed.