SYDNEY — Australia’s largest project to produce green hydrogen with renewable energy is unable to move forward, hampered by a new conservative state government that is unwilling to shoulder the high costs.
Multiple people familiar with the CQ-H2 project in Queensland that had been led by state-owned power company Stanwell confirmed it has stalled. Stanwell issued a statement saying it had “discontinued its involvement in the [CQ-H2] project and other hydrogen development activities.”