ENEOS to Build $200 Million Green Hydrogen Plant in Brisbane
Key Ideas
- ENEOS plans to construct a $200 million demonstration plant in Brisbane to produce up to 680kg of green hydrogen daily.
- Queensland Minister Ros Bates is leading a trade mission to Japan and South Korea, coinciding with the announcement.
- The project signifies a significant investment in the green energy sector and strengthens Australia's ties with Japan.
- The initiative is part of efforts to advance the development and adoption of green hydrogen as a clean energy source.
Japanese energy company ENEOS has unveiled plans to establish a $200 million demonstration plant in Brisbane's Bulwer Island, aiming to generate around 680kg of green hydrogen every day. This development aligns with Queensland Finance, Trade, Employment, and Training Minister Ros Bates leading a trade mission to Japan and South Korea. During the mission, Bates highlighted the significance of ENEOS' investment in green hydrogen production in Brisbane, illustrating a boost to the energy sector and fostering stronger economic relations between Australia and Japan. Additionally, the project serves as a strategic move towards promoting the advancement and utilization of green hydrogen as a sustainable energy solution, contributing to the global shift towards cleaner fuel sources.