CS Energy and Senex Energy have signed a deal that will produce green hydrogen to fuel the the east coast Hydrogen Superhighway.
Minister for Energy, Renewables and Hydrogen Mick de Brenni said CS Energy and natural gas producer Senex have agreed to form a joint venture (JV) to develop the Kogan Renewable Hydrogen Demonstration Plant near Chinchilla.
Mr de Brenni said the Queensland Government was creating more jobs in more industries, backing CS Energy with $28.9 million for the demonstration plant and a refueller network.
“Green hydrogen is key to diversifying our energy sector, building on our long-term energy know-how in regional Queensland and attracting significant international investment in job creating heavy manufacturing,” Mr de Brenni said.
“This green hydrogen will be used in the latest stop on our Hydrogen Superhighway established with New South Wales and Victoria and help develop Australia’s energy independence via the transport sector.
“CS Energy and Senex Energy are both Queensland companies with complementary skills and experience and this means we can bring their more than 60 years of collective experience together to stake a claim in the growing the hydrogen sector.
“Today’s announcement will contribute to the success of the Kogan demonstration plant and support Queensland’s ambitions to become a hydrogen and renewable energy superpower.”
Under the joint venture agreement, CS Energy will operate and hold 75 per cent equity in the plant, while Senex Energy will hold 25 per cent equity in the plant.
The Kogan Renewable Hydrogen Demonstration Plant is a green hydrogen production facility that will be built next to CS Energy’s Kogan Creek Power Station.
The project will include the co-location of a solar farm, battery, hydrogen electrolyser, hydrogen fuel cell, hydrogen storage and out loading facility.
IHI Engineering Australia (a subsidiary of IHI Corporation Japan) has been appointed to construct the plant, with work due to start on site in September this year.