Energy Estate is leading a consortium that aims to accelerate the development of the integrated hydrogen and ammonia production and export facility in North Queensland, known as HyNQ–North Queensland Energy Project.
The consortium, which includes Idemitsu Australia, a subsidiary of global energy supplier IdemitsuKosan Co and Queensland Government owned CS Energy, will progress its study on the feasibility of generating and exporting green ammonia from the Port of Abbot Point near Bowen.
Vincent Dwyer, co-founder of Energy Estate, said: “As evidenced by the recent announcements from COP27, the global push for decarbonised energy, in all its forms, is gathering pace, a key opportunity recognised by the Queensland Government in its ‘Enabling Queensland’s Hydrogen Production and Export Opportunities Report’ and the broader energy community in the Asia-Pacific.
“Bringing together a group of highly respected energy companies, each focussed both on the domestic opportunities for Queensland and key export markets of Japan and Koreawill help accelerate the potential of HyNQ, a project leaning-in to the opportunity for the export of ‘sunshine gas’.”
HyNQ was initiated by Energy Estate in 2020 with the aim of developing a global-scale green ammonia facility utilising the strong natural resources of North Queensland and founded on a deep commitment to the community in which the project is based.
The consortium will fund the ongoing pre-FEED activities, and if those results are successful, relevant FEED activities.