Stanwell Corporation has been awarded a grant of $2.17 million from the Australian Renewable Energy Agency (ARENA), which will assist a $10.4 million feasibility study for exporting hydrogen to Japan from Gladstone, Queensland.
Stanwell plans to transport the fuel in liquid form in liquid hydrogen shipping vessels.
“Feasibility studies like this are a necessary and crucial step to build the case to attract the finance required for large impactful projects,” ARENA CEO Darren Miller said.
Volumes are predicted to build up to 328,500 tonnes as Japanese demand increases.
“Australia’s vast solar and wind resources and our proven ability to export energy products mean we are well placed to build a large-scale competitive hydrogen export industry in the future,” added Miller.
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