What Does the Closure of Australia’s Largest Hydrogen Plan Mean for Net Zero?

Jude Blik said the collapse of CQ-H2 project proved that ‘green hydrogen’ was not a feasible energy source under current market conditions.

The logo of green hydrogen is seen at the 2023 Hannover Messe industrial trade fair in Hanover, Germany on April 17, 2023. Alexander Koerner/Getty Images

The collapse of Australia’s largest planned “green” hydrogen project exposes the unfeasibility of the country’s net-zero plan, says one energy researcher.

In late June, Stanwell, an energy company owned by the Queensland government, announced its withdrawal from the CQ-H2 project.