Local Jobs with the Stanwell-led CQH2 Hydrogen Project
Posted on January 9th, 2024
A Queensland led hydrogen project that will create 8,900 jobs has been shortlisted for a flagship $2 billion Commonwealth hydrogen program.
The Stanwell-led CQH2 has been recognised as one of the nation’s best hydrogen projects – announced as one of six projects on the shortlist.
The Australian Government’s Hydrogen Headstart program complements the Queensland Energy and Jobs Plan to enable decarbonisation of local industry, ensuring exports remain competitive and local supply chains reduce their emissions.
The Queensland Energy and Jobs Plan is forecast to create 100,000 jobs in the new clean energy economy, with hydrogen poised to deliver 10,000 of these and deliver $33 billion in economic activity by 2040.
The CQH2 Project involves both local and exports based off-take, including the development of a hydrogen production and liquefaction facility for export to Singapore and Japan.
This will help decarbonise trade partners’ energy generation, and supply emissions-free hydrogen-to-ammonia for the proposed Gladstone manufacturing facility.
The CQ-H2 Project is already undertaking a Front End Engineering Design (FEED) study, with a commitment of $117 million from consortium partners and government.
This is supported by $15 million from the Queensland Government’s Renewable Energy and Hydrogen Jobs Fund, and $20 million from ARENA.
The FEED study represents the largest investment in an Australian renewable hydrogen project of its kind to date.
CQH2 will now be invited to submit full applications to access funding from the Hydrogen Headstart Program.
Commercial operations are planned to start in 2029 with the supply of 200 tonnes per day of hydrogen to an ammonia facility, growing to 800 tonnes per day at full scale.