Former Queensland Premier Concedes Large Scale ‘Green Hydrogen’ Not Currently Feasible

‘Hydrogen is just too hard at the moment. Until the prices come down, I don’t think we’ll see those projects taking off the ground,' said Annastacia Palaszczuk.

Former Queensland Premier Annastacia Palaszczuk speaks during a press conference in Brisbane, Australia, on Dec. 13, 2021. Dan Peled/Getty Images

Former Queensland Labor Premier Annastacia Palaszczuk has admitted that industrial scale “green hydrogen” may not “stack up” economically following the cancellation of Australia’s largest planned project.

On June 29, the state-owned energy company Stanwell announced it would not proceed with the CQ-H2 project, a proposed $14.75 billion (US $9.6 billion) large-scale renewable hydrogen production facility at Aldoga in central Queensland.