CS Energy has joined a consortium of domestic and global energy players, led by Energy Estate, to accelerate the development of an integrated hydrogen and ammonia production and export facility in North Queensland, known as “HyNQ – North Queensland Energy Hub”.
The consortium, which also includes Idemitsu Australia, a subsidiary of global energy supplier Idemitsu Kosan Co Ltd, will continue its study on the feasibility of generating and exporting green ammonia from the Port of Abbot Point near Bowen.
HyNQ was initiated by Energy Estate in 2020 with the aim of developing a global-scale green ammonia facility utilising the strong natural resources of North Queensland.
The project looks to harness the benefits of existing infrastructure, while drawing on the experienced workforce and supply chain of North Queensland.
Energy Estate co-founder Vincent Dwyer said the global push for decarbonised energy in all of its forms was gathering pace, a key opportunity recognised by the Queensland Government in its “Enabling Queensland’s Hydrogen Production and Export Opportunities Report” and the broader energy community in the Asia-Pacific”
“Bringing together a group of highly respected energy companies, each focussed both on the domestic opportunities for Queensland and key export markets of Japan and Korea will help accelerate the potential of HyNQ, a project leaning-in to the opportunity for the export of 'sunshine gas'."
Idemitsu Australia Chief Executive Officer Steve Kovac said they were excited to partner with Energy Estate and other consortium members to examine the feasibility of manufacturing and exporting green hydrogen and ammonia.
“The study is a critical step to supply low-carbon energy solutions and forms part of the HyNQ project to build infrastructure to support green industries and deliver a pathway for green hydrogen and ammonia production," Mr Kovac said.
Queensland Energy, Renewables and Hydrogen Minister Mick de Brenni said that Queensland’s clean energy transformation was the state’s greatest jobs opportunity in a generation.
“Our Queensland Energy and Jobs Plan provides the key ingredients to becoming a global hydrogen superpower and sets us up to play a leading role in helping the world achieve its decarbonisation ambitions” Minister de Brenni said.
“This is another vote of confidence from our trading partners following the release of our first-of-its-kind in Australia report highlighting Queensland’s capacity to produce and export renewable hydrogen.
“From our hydrogen superhighway and hydrogen training facilities to electrolyser manufacturing and export capabilities, we’re setting Queensland’s economy up to power the world’s future,” he said.
The Project is looking to complete pre-FEED activities in Q3 2023, and if all proceeds well, proceed to a final investment decision in late 2024/ early 2025, with hydrogen and ammonia production commencing in 2027/2028.
More at https://hynqcleanenergyproject.com.au