Keppel explores green hydrogen, ammonia production in Australia
This forms part of the Central Queensland hydrogen project.
Keppel Corporation has intensified its efforts in the production and use of green hydrogen and ammonia as sources of low-carbon energy.
It has recently joined the Central Queensland Hydrogen Project (CQ-H2) consortium as well as signed a memorandum of understanding with Incitec Pivot Limited on an industrial-scale green ammonia production facility in Australia.
“Global demand for renewable hydrogen is accelerating to support energy transition and domestic energy security, Queensland Treasury has had a key role in facilitating and funding the Central Queensland hydrogen project,” Cameron Dick, Queensland’s Treasurer and Minister for Trade and Investment, said.
“After a number of discussions with Keppel, we are delighted the company and Incitec Pivot has chosen Gladstone for their green ammonia production facility. This will open exciting and significant export possibilities, let alone regional jobs.”
The CQ-H2 project is one of Australia’s largest green hydrogen projects. It comprises Stanwell Corporation, Iwatani Corporation, Kansai Electric Power Company, Marubeni Corporation, and Keppel.
The consortium has initiated a Front End Engineering Design (FEED) study representing the largest investment in an Australian renewable hydrogen project of its kind to-date, with Final Investment Decision (FID) planned for late 2024 and commercial operations targeted to commence in 2028.