Global players on board with HyNQ green ammonia

6 December 2022

A consortium of domestic and global energy players, led by Energy Estate, has come together to accelerate the development of the integrated hydrogen and ammonia production and export facility in North Queensland, known as the ‘HyNQ – North Queensland Energy Project’.

The consortium, which includes Idemitsu Australia, a subsidiary of prominent energy supplier Idemitsu Kosan, and Queensland government-owned CS Energy, will continue with its study on the feasibility of generating and exporting green ammonia from the Port of Abbot Point near Bowen.

“As evidenced by the recent announcements from COP27, the global push for decarbonised energy, in all its forms, is gathering pace, a key opportunity recognised by the Queensland government in its ‘Enabling Queensland’s hydrogen production and export opportunities’ report and by the broader energy community in the Asia-Pacific,” commented Vincent Dyer, co-founder of Energy Estate. “Bringing together a group of highly respected energy companies, each focused both on the domestic opportunities for Queensland and key export markets of Japan and Korea will help accelerate the potential of HyNQ, a project leaning-in to the opportunity for the export of ‘sunshine gas’.

HyNQ was initiated by Energy Estate in 2020 with the aim of developing a global-scale green ammonia facility utilising the natural resources of North Queensland and founded on a commitment to the community in which the project is based. The project looks to harness the benefits of existing infrastructure, while drawing on the experienced workforce and supply chain of North Queensland. The consortium will fund the present pre-FEED activities, and if those results are successful, relevant FEED activities.

The project is looking to complete pre-FEED activities in Q3 2023, and if all proceeds well, go on to a final investment decision in late 2024 or early 2025, with hydrogen and ammonia production commencing in 2027 or 2028.

Image: The HyNQ Clean Energy Hub (courtesy of Energy Estate)

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