Hay Point Hydrogen Export

September 17th, 2021

Hay Point Hydrogen Export

The project proponents are investigating a proposal for a renewable-based hydrogen production, storage and export facility at the Port of Hay Point, south of Mackay, Queensland.

Main proponents:

Dalrymple Bay Infrastructure Ltd, North Queensland Bulk Ports Corporation, Brookfield Group, ITOCHU Corporation

Main end-use classification:

Export potential

Status:

Under development – feasibility studies announced

Estimated cost:

 

Other involvement:

 

Production details:

Under evaluation

Location:

Central Queensland, Australia

Announced funding:

 

Project description

In August 2021, Dalrymple Bay Infrastructure Limited (DBI) announced that it had executed a Memorandum of Understanding with North Queensland Bulk Ports Corporation (NQBP), the Brookfield Group, and ITOCHU Corporation, to study the potential for a renewable-based hydrogen production, storage and export facility at the Dalrymple Bay Terminal at Hay Point, south of Mackay in Queensland.

The Dalrymple Bay Terminal is an established, deep-water export port, is close to the established Mackay industrial zone and is positioned within one of Queensland’s Renewable Energy Zones.

In February 2022, the project proponents announced the execution of a Funding Agreement for the purposes of financing Phase 1 of the feasibility studies (see ASX announcement of 24 February 2022 by Dalrymple Bay Infrastructure Ltd). The Phase 1 studies will focus on market analysis, the scope and scale of upgrades required to existing port infrastructure, and the renewable energy generating potential of the region surrounding the terminal.

 

Updated March 2022