Keppel Corp. has joined the Central Queensland hydrogen (CQ-H2) project consortium to develop a large-scale green hydrogen project in Australia.
As one of Australia’s largest green hydrogen projects, the CQ-H2 project aims to produce renewable hydrogen, scalable to up to about 2,500-megawatts equivalent, and deliver it to Japan and Singapore, as well as large domestic customers in Central Queensland.
The consortium partners include Stanwell Corp., Iwatani Corp., Kansai Electric Power Co., Marubeni Corp. 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. The final investment decision is planned for late 2024, with commercial operations expected to begin in 2028.
Leveraging the accessibility of large-scale, reliable, green hydrogen supply from the CQ-H2 project, Keppel also signed an agreement with Incitec Pivot Ltd. (IPL) to ex