Keppel Corporation is stepping up its initiatives in the production and adoption of green hydrogen and ammonia as sustainable energy alternatives with reduced carbon impact.
In addition to becoming a member of the Central Queensland hydrogen (CQ-H2) project consortium, Keppel Corporation has entered into a Memorandum of Understanding (MOU) with Incitec Pivot Limited (IPL) to establish a sizeable green ammonia production facility in Australia. These collaborations highlight Keppel Corporation’s commitment to developing large-scale green hydrogen and ammonia projects in the region.
As part of its endeavors, the CQ-H2 consortium is actively working on the establishment of a hydrogen production facility along with other essential infrastructure. The primary objective is to generate renewable hydrogen on a significant scale, with a capacity of approximately 2,500MW equivalent.
The consortium intends to distribute the hydrogen to Japan and Singapore through various transportation methods while also catering to the energy needs of significant domestic consumers in Central Queensland.
The project is one of Australia’s largest green hydrogen projects and comprises Stanwell Corporation, Iwatani Corporation, Kansai Electric Power Company, Marubeni Corporation and Keppel.
The project has commenced a Front End Engineering Design (FEED) study, marking a significant investment in an Australian renewable hydrogen project, said to be the largest of its kind thus far. The Final Investment Decision (FID) is scheduled for late 2024, with the aim of commencing commercial operations in 2028.