ENEOS to Boost Green Hydrogen Production in Brisbane with $200 Million Plant
Key Ideas
- ENEOS, Japan's largest oil company, will invest in a $200 million green hydrogen plant in Brisbane, producing up to 680 kilograms of green hydrogen per day by 2026.
- The project will create over 100 new specialist jobs in Queensland's energy sector.
- The green hydrogen will be in the form of methylcyclohexane, a liquid hydrogen carrier, with a portion being exported to Japan.
- ENEOS is partnering with Japanese and Brisbane companies, supported by Japanese government funds, to contribute to achieving carbon neutrality by 2050.
The Queensland Government has revealed that ENEOS, Japan's largest oil company, plans to invest in its technology to increase green hydrogen production in Queensland. By 2026, ENEOS will build a $200 million demonstration plant at Bulwer Island in Brisbane to produce up to 680 kilograms of green hydrogen per day. This initiative is part of Queensland's vision to be an energy superpower. The project is expected to generate over 100 new specialized jobs in the region's growing energy industry. The green hydrogen will be produced in the form of methylcyclohexane (MCH), which can be easily stored and transported. The project involves collaboration with Japanese companies and Brisbane-based firms, aiming to contribute to Japan's goal of achieving carbon neutrality by 2050. The demonstration plant, supported by the Japanese government's Green Innovation Fund, is scheduled to start construction next year and commence production by mid-2026.