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Emerging hydrogen industry on radar for 60% of QLD CEOs

Premium Content Subscriber only The emerging hydrogen industry is being embraced by Queensland CEOs, with more than 60 per cent considering hydrogen-related business opportunities, a report reveals. Gladstone is poised to play a leading role in the industry, with the development of Hydrogen Park Gladstone and the national export role of the city’s port. The MoU was signed by Japan’s Sumitomo Corporation, Gladstone Ports Corporation, Gladstone Regional Council, CQUniversity and the Australian Gas Industry Group. Queensland Premier Annastacia Palaszczuk met with state member for Gladstone Glenn Butcher and minister for state development, manufacturing, infrastructure and planning Cameron Dick at Northern Oil Refinery to announce the Queensland Government s new hydrogen plan.

Queensland resources sector embraces potential for hydrogen to lower emissions

Date Time Queensland resources sector embraces potential for hydrogen to lower emissions More than 60 percent of CEOs surveyed for a new report on Queensland’s resources sector are considering hydrogen-related business opportunities, with 10 percent already committed to hydrogen projects. Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said more than 30 percent of member CEOs who responded to a recent sentiment survey believe hydrogen will provide an opportunity to reduce emissions in their own business, and a further 30 percent think hydrogen could help grow their business. Mr Macfarlane said the results published in the QRC’s latest State of the Sector report show resources companies are actively looking at new technologies such as hydrogen as a way to reduce emissions to address the challenge of climate change.

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