Green Hydrogen Hub at Port of Brisbane Set to Revolutionize Eastern Australia
Key Ideas
- A green hydrogen hub, a collaboration between Lion Energy, Mitsubishi, and Samsung, is set to be built at the Port of Brisbane, creating a blueprint for future hubs in Australia.
- The project has a production capacity of over 300 tonnes per annum, with DGA and Samsung investing A$3.7 million for a 25% stake each in the project, while Lion retains 50% ownership.
- Lion has secured key equipment providers, including electrolysers and a refuelling package, with initial markets for green hydrogen production aimed at industrial customers, fuel cell gensets, and heavy mobility players.
- The project aims to displace grey hydrogen with green hydrogen and is expected to update the market on offtake agreements in Q3 2024.
A green hydrogen hub is set to be constructed at the Port of Brisbane, serving as a model for future hubs in eastern Australia. The collaboration involves Lion Energy, Mitsubishi, and Samsung, with a focus on green hydrogen production and dispensing infrastructure. The project, with a capacity exceeding 300 tonnes per year, received investments from DGA Energy Solutions Australia Pty Ltd (Mitsubishi subsidiary) and Samsung. Lion will retain 50% ownership while DGA and Samsung will each hold a 25% stake. Lion has already secured key equipment providers and aims to displace grey hydrogen with green hydrogen for industrial customers, fuel cell gensets, and heavy mobility players like bus operators and truck fleet managers. The project plans to update the market on offtake agreements in Q3 2024. This initiative shows confidence in the potential of green hydrogen in Australia and Lion's capabilities. Subscribe to the C&I e-newsletter for industry updates.