State seeks hydrogen port
The Queensland Government has called for the construction of a new hydrogen export facility.
The Queensland Government-owned North Queensland Bulk Ports Corporation (NQBP) has joined Dalrymple Bay Infrastructure, Brookfield, and international trading company ITOCHU Corporation in signing a memorandum of understanding (MoU) for the proposal.
The deal was made to allow work to start on concepts for a renewable hydrogen production, storage, and export facility within the Hay Point port precinct.
Transport and Main Roads Minister Mark Bailey says Queensland’s publicly-owned ports must capitalise on the future demand for exported hydrogen.
“Queensland is already a leading energy exporter and the world is now looking to us to become a leading producer of hydrogen as the next energy source,” Mr Bailey said.
“Renewable hydrogen can be stored and used over time, and, as a future fuel source, is one of the most promising solutions for reducing global emissions, particularly in the transport and heavy industry sectors.
“Earlier this year, we signed an agreement to develop a liquid hydrogen facility at the Port of Townsville.
“Hay Point is a critical part of our state’s supply chain and Queensland’s economy, connecting regional Queensland to power, food and steel industries in Asia.
“Agreements like this allow us to prepare the port to meet the energy needs of developing industries across the globe.”
The plan is still at its earliest stage, with future steps involving feasibility studies, consulting with community, traditional owners and regulators yet to occur.