North Queensland Bulk Ports in Australia has entered into a MoU for a feasibility study on green hydrogen production and development of a supply chain at the Port of Hay Point.
he agreement with Japan’s ITOCHU Corporation, Dalrymple Bay Infrastructure Limited and Brookfield Asset Management Inc. will jointly explore the feasibility of producing and storing green hydrogen. The agreement will include utilizing port land at the Dalrymple Bay Terminal and establishing a supply chain including exporting green hydrogen using DBT’s existing export facilities.
That plan is about supporting regional economies through targeted investments that support job-creation and workforce development. Hydrogen presents an incredible opportunity to create jobs and decarbonise our economy,
…said Minister for Energy, Renewables and Hydrogen, Mick de Brenni.
The feasibility study will be conducted in phases, up to the final commercial production phase, with Phase I scheduled to begin in 2021.
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. 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,
…added Transport and Main Roads Minister Mark Bailey.