The project, which has now been granted coordinated project status, involves building a multi-billion dollar complex in central Queensland that will produce green hydrogen and ammonia.
Using solar and wind resources, the facility will operate on 100 per cent renewable energy. It is expected to have a capacity of up to 3 gigawatts of electrolysis and up to 5,000 tonnes of green ammonia production per day.
The H2-Hub™ Gladstone project will establish central Queensland as a key source of renewable energy and facilitate economic growth within the region.
“H2U and Orica estimate the H2-Hub™ Gladstone project has potential to create over 550 jobs during construction, over 140 ongoing operational jobs and approximately 1,900 indirect jobs, and attract a $4.7 billion investment during its phased construction,” Acting Premier and Minister for State Development, Steven Miles, said.
Both H2U and Orica have also agreed to conduct a master plan study, during which they will explore the possibility of developing a green ammonia export terminal at the Port of Gladstone.
“We look forward to working with Orica, the Port of Gladstone, and the Queensland Government to establish Gladstone as a globally leading hub in the emerging green hydrogen and green ammonia export market,” Attilio Pigneri, the founder and CEO of H2U, said.
The master plan study is expected to run for six months. Activities are scheduled to commence by the end of 2022.
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