Stanwell pulls plug on flagship Queensland green hydrogen project
Stanwell Corporation has officially axed its multi-billion-dollar Queensland green hydrogen project and pulled out of its other hydrogen development programmes.
The Queensland state-owned energy firm said that it had “discontinued” its involvement in the Central Queensland Hydrogen Project (CQ-H2), following months of controversy and unsuccessful funding efforts.
Stanwell did not explain the decision, but said CQ-H2 had been a “valuable international collaboration” that provided “important technical and commercial knowledge” that could support large-scale green hydrogen commercialisation.
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