The Qld government-owned generator Stanwell and Japanese energy company Iwatani Corporation have announced a landmark partnership which will see planning progressed on a new renewable hydrogen export facility in Gladstone.
Premier Annastacia Palaszczuk said the announcement marks a great leap forward toward realising Queensland’s strategy to become a global super supplier of renewable hydrogen.
“Demand for renewable hydrogen out of Japan is growing rapidly. It was just over two years ago when I met with key businesses and academics in Japan to talk about the potential to export Queensland’s sunshine in the form of renewable hydrogen energy,” the Premier said.
“Following those meetings Queensland moved ahead of the Federal Government to release a Hydrogen Industry Strategy in May last year. If we can position Queensland as a key exporter of this resource, Queensland will be at the forefront of the renewable energy revolution.
“To do that, we must partner with Japanese energy suppliers – and when it comes to hydrogen, they don’t come any larger than Iwatani. Hydrogen is the future. We’re investing in this sector because we know the great potential this industry has to drive Queensland’s economic recovery in years to come.”
Newly appointed Minister for Renewables and Hydrogen Mick de Brenni said the partnership with Japan’s largest hydrogen company was a testament to Queensland’s commitment ‘to rapidly developing its potential as a green hydrogen exporter’.
“The Premier has given me a mandate to do everything we can to grow this industry, and put Queensland workers front and centre in this,” the Minister continued.
“We’ll continue to partner with the world’s leading energy companies, including our own, to develop this exciting new industry in Queensland.”