The Queensland government has pledged $15 million to the establishment of a Gladstone hydrogen export facility owned by the people.
The financing will assist in the development of a large-scale electrolysis and liquefaction plant in Central Queensland that will be capable of producing 800 tonnes per day of pure, green hydrogen by the early 2030s.
Deputy Premier Steven Miles stated that the State Government is sending a message to its Japanese partners that Queensland is the ideal worldwide provider of reliable, affordable, and clean energy.
The Gladstone project is being constructed in collaboration with international corporations like Iwatani Corporation, Kawasaki Electric Power Company, Marubeni, and the Australian energy infrastructure company APA Group.