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Townsville Hydrogen Hub funded
The Australian government is investing $70 million in a new hydrogen hub in Townsville, North Queensland.
Key points: Production: Initially 800 tonnes of green hydrogen per year, ramping up to 150,000 tonnes for export. Domestic use: 3,000 tonnes for domestic supply. Features: 17.6MW production facility with renewable energy and battery storage. Partners: Edify Energy leading with Siemens Energy, universities, and industry bodies. Benefits: Creates jobs, supports green industries, uses abundant solar resources. Timeline: Construction starts 2024, operation begins 2027. This project aims to position Townsville as a leader in Australia's renewable energy sector and create local jobs.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
#2
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Government press releases:
Renewable hydrogen hub for North Queensland: https://www.pm.gov.au/media/renewabl...-queensland-0: This is the official announcement from the Prime Minister's office about the project. Hydrogen hub for Townsville: https://www.dcceew.gov.au/about/news...ub-townsville: This release from the Department of Climate Change and Energy Efficiency provides more details on the government's investment and the expected benefits. News articles: North Queensland hydrogen hub powers ahead: https://www.energymagazine.com.au/no...powers-ahead/: This article from Energy Magazine offers an overview of the project and its potential impact on the region. QLD Government to invest $70m to develop Townsville Hydrogen Hub: https://www.manmonthly.com.au/qld-go...hydrogen-hub/: This article from MANmonthly focuses on the involvement of the Queensland government and the associated job creation opportunities. Project website: Edify Energy website Edify Energy is the lead company for the project, and their website may have more information as it progresses. Other resources: Australian Renewable Energy Agency (ARENA): https://arena.gov.au/: ARENA is a government agency that supports renewable energy projects, and they may have more information about the hydrogen hub on their website. Clean Energy Council: https://www.cleanenergycouncil.org.au/: The Clean Energy Council is an industry association representing renewable energy companies in Australia, and they may also have information about the project.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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