Korean Han-Ho H2 Consortium has partnered with the Queensland Government and Ark Energy to move forward with their proposed mega-project.
The proposed mega-project will see 1.8 million tonnes of green ammonia, a compound of nitrogen and hydrogen, produced per year in the Whitsundays and exported to Korea.
The project will also see the expansion of the proposed Ark Energy Collinsville Green Energy Hub from an output of 3,000 megawatts to 4.5 gigawatts.
The proposal will be supported by the Queensland Government’s investment of $8.5 million into the Abbot Point Activation Initiative, a project that will encompass solar, wind, water desalination and an electrolyser to produce 20 tonnes of hydrogen daily.
Both the Collinsville Green Energy Hub and the Abbot Point Activation Initiative will create thousands of job opportunities for residents, with Queensland’s energy exports estimated to support up to 10,000 jobs and $33 billion in economic activity by 2040.
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