Japanese Gas Supplier Iwatani Expands into Brisbane for Hydrogen Development
Key Ideas
- Iwatani plans to open an office in Brisbane to accelerate the development of its hydrogen supply chain, aiming for commercial production and deliveries to Japan by 2030.
- The office in Brisbane will strengthen relationships with Australian companies and the Queensland state government, particularly in the green hydrogen project with Stanwell.
- Iwatani is conducting experiments in Australia, including generating carbon-free hydrogen from brown coal and working on green hydrogen production feasibility studies with Australian partners.
- This expansion aligns with Japan's goal of decarbonization by 2050, with other Japanese companies like Mitsubishi Heavy Industries and Marubeni also investing in green hydrogen and ammonia projects in Australia.
Japanese gas supplier Iwatani is expanding its operations into Brisbane, Australia, to accelerate the development of its hydrogen supply chain. The company aims to achieve commercial production of hydrogen in Australia and transport it to Japan by 2030. A key part of this initiative is the establishment of an office in Brisbane, which will enhance Iwatani's collaborations with Australian companies and the Queensland state government. This move is crucial for their green hydrogen project with Queensland state-controlled power utility Stanwell. Moreover, having a presence in Brisbane will facilitate the firm's exploration of the Australian market and infrastructure requirements. Iwatani has been actively involved in various hydrogen projects in Australia, such as generating liquified carbon-free hydrogen from brown coal in Victoria and collaborating on green hydrogen production studies with partners like Stanwell and Fortescue Metals. These projects focus on utilizing renewable energy sources like solar and wind power for carbon-free hydrogen production. The expansion of Japanese companies, including Iwatani, into the Australian hydrogen market aligns with Japan's decarbonization goals for 2050. Other Japanese entities like Mitsubishi Heavy Industries and Marubeni are also investing in green hydrogen and ammonia projects in Australia, signaling a growing trend towards sustainable energy practices in the region.