CS Energy, Idemitsu join Energy Estate in Queensland green H2 project
Source: ARENA (arena.gov.au)
Queensland government-owned utility CS Energy and the Aussie arm of Japanese oil refiner Idemitsu Kosan Co Ltd (TYO:5019) have joined developer Energy Estate in its plan to develop an integrated green hydrogen and ammonia production and export facility in Queensland.
The trio will be partnering in the HyNQ – North Queensland Energy Project, which Energy Estate put forward in 2020, the latter said on Wednesday. Its plan envisages the construction of a plant for producing green hydrogen and ammonia at the Port of Abbot Point near Bowen, North Queensland. The scheme will utilise existing port, road and rail infrastructure, as well as available transmission infrastructure facilities.
With the help of Idemitsu Australia and CS Energy, Energy Estate will progress the feasibility study for the project. The consortium will finance the ongoing preliminary front end engineering and design (FEED) activities, expecting to complete them in the third quarter of 2023. If the outcome is positive, it will move into the FEED phase. A final investment decision on the project is seen to be taken late in 2024 or in early 2025.
Hydrogen and ammonia production is expected to be launched in 2027/2028.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.