Brisbane's Green Hydrogen Project: Fuelling the Future of Bus and Truck Fleets
Key Ideas
- A $10 million partnership between Lion Energy, DGA Energy Solutions Australia, and Samsung C&T Corporation will lead to the construction of a green hydrogen production project at The Port of Brisbane.
- The project aims to produce over 300 tonnes of green hydrogen annually, with a focus on refueling Brisbane's future bus fleet and potentially replacing diesel generators in various sectors.
- The initiative is seen as a significant step towards a green hydrogen future in Australia, with plans to create a blueprint for similar refueling facilities across eastern Australia.
- Lion Energy will own half of the project, with DGA Energy Solutions Australia and Samsung C&T Corporation each owning a quarter, showcasing a commitment to sustainable energy solutions.
A green hydrogen production project is set to take shape at The Port of Brisbane, boosting Queensland's green energy profile. Lion Energy, in collaboration with DGA Energy Solutions Australia and Samsung C&T Corporation, announced a $10 million partnership to fund the initiative. The project, with a capacity of over 300 tonnes of green hydrogen per year, aims to fuel Brisbane's future bus fleet and potentially replace diesel generators in various industries. This development is expected to serve as a model for other hydrogen refueling stations in eastern Australia. Lion Energy's executive chairman expressed optimism about the project's potential and highlighted the interest already shown by hydrogen consumers. Through a joint development agreement, the partners will invest in the pre-construction phase, with Lion Energy retaining a 50% ownership stake and the partners sharing the remaining 50%. The project's progress includes securing key equipment suppliers and plans to update stakeholders on offtake agreements soon. The initiative has garnered praise from industry experts, positioning Brisbane at the forefront of a green hydrogen-powered future, showcasing a positive step towards sustainable energy practices.