Hydrogen proposal humming along

Queensland’s largest renewable hydrogen development, the CQ-H2 project, remains on track for first production in 2027 as proponents work towards a Front End Engineering Design (FEED) study in early 2023 . Stanwell Corporation is developing the project with international partners including Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power Company, Marubeni, and Australian energy infrastructure business APA Group. Stanwell chief executive officer Michael O’Rourke said the FEED study would provide the detail required to support a final investment decision. “With high-calibre expertise across the supply chain, including potential offtakers, the project is on track for first hydrogen production in 2027," he said. “The CQ-H2 project will ultimately scale up to produce 800 tonnes per day of clean, green hydrogen by the early 2030s." A feasibility study delivered mid-year found that the CQ-H2 project is technically feasible and commercially viable with appropriate government support in the initial phases. It is expected to deliver more than $17.2 billion in hydrogen exports and $12.4 billion to Queensland’s gross domestic product over its 30-year lifespan. And the state should see up to 8900 new jobs in construction, heavy manufacturing, and a range of local service industries. The Gladstone region project would cost $3.87 billion to bring online for phase 1 operations and a further $10.89 billion to ratchet up to phase 2. Milestones achieved by the CQ-H2 project over the past 18 months include: secured land for the hydrogen production facility in Aldoga near Gladstone (April 2021) secured funding from the Japanese Government to support Japanese partners’ contribution to the feasibility study (June 2021) signed a Memorandum of Understanding with the CQ-H2 consortium and commenced the feasibility study (September 2021) secured Australian Renewable Energy Agency (ARENA) funding of $2.17 million for the feasibility study (September 2021) Stanwell signed a Memorandum of Understanding with Acciona to source energy from the Aldoga solar farm for the CQ-H2 Project (December 2021) secured $69.2 million from the Australian Government for the Stanwell-led Central Queensland Hydrogen Hub, which includes funding for common user infrastructure that will support CQ-H2 project (April 2022, confirmed through October 2022 Federal Budget) completed a detailed feasibility study (June 2022) Queensland Government announced FEED funding of $15 million through the Queensland Renewable Energy and Hydrogen Jobs Fund (June 2022) signed a Memorandum of Understanding to jointly fund a pre-FEED stage to complete planning required to commence FEED in early 2023 (November 2022).

Hydrogen proposal humming along

Industry Queensland

Related News

Eva advances with award of workforce village contract

Report highlights states’ dependence on royalties

State funding tap turned off for environmental law group

Get access to breaking mining news, now.