Stanwell is a Queensland Government-owned corporation and a major provider of electricity to Queensland, the National Electricity Market, and large energy customers along the eastern seaboard of Australia. While providing reliable and affordable energy for today, Stanwell is also developing a portfolio of renewable energy, hydrogen and energy storage projects that will help reduce emissions for tomorrow.
Capability and contribution
As part of its portfolio renewal strategy, Stanwell has identified renewable hydrogen as a key target market for transforming its business to prosper in a lower carbon future. As an experienced government owned energy corporation with a growing renewable energy portfolio and strong presence in Central Queensland, Stanwell is well-placed to facilitate the growth of the hydrogen industry.
To advance this strategy, Stanwell has formed a consortium with four leading Japanese companies – Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power Company and Marubeni – and Australian energy infrastructure company APA Group, to develop a large-scale renewable hydrogen production facility near Gladstone and a liquefaction plant at the Port of Gladstone. The project aims to produce approximately 100 tonnes of renewable hydrogen per annum by 2026, scaling up to 800 tonnes per day in 2031.
Through the proposed project, called CQ-H2, Stanwell aims to:
- position Central Queensland as a preferred Australian renewable hydrogen hub by harnessing the region’s renewable energy resources and high-quality infrastructure
- establish a first of its kind integrated renewable hydrogen supply chain between Central Queensland and Japan
- achieve the target hydrogen pricing set by the offtakers, by deploying the supply chain at scale including production, liquefaction, and shipping of hydrogen
- improve the technology and commercial readiness of the Project by leveraging expertise across the supply chain and long-term partnerships with Japan’s premier energy, gas, trading, and technology companies
- support Australian industry on the pathway to net zero carbon emissions through domestic supply of renewable hydrogen to major industrial users in Gladstone
- contribute to Australian, Queensland and Japanese Government ambitions for the hydrogen industry
- deliver significant economic and social benefits through employment and local business opportunities
- help transform Stanwell’s business for a lower carbon future.
Last updated: 29 Mar 2022