Queensland (QLD) has become the second state in Australia to legislate a net zero target amid heavy investment into hydrogen and other renewable energy technologies.
Queensland Premier Annastacia Palaszczuk, who has been moving to transform the state into a major renewable energy player, said that the strategy would make Queensland a renewable superpower.
“We are seeing an industrial green revolution taking place in Queensland, and it will happen in Australia and throughout the world.”
QLD had previously committed to a 2050 net zero target, achieving a reduction in carbon emissions of 30 percent below 2005 levels by 2030.
However, to achieve the new legislation, the state will need to work to adequately replace its eight coal power stations that have supplied almost three-quarters of Queensland’s power generation over the last year.
The deal between the Queensland government and Forrest’s Fortescue Future Industries seeks to not only create and export hydrogen but to create hydrogen-making equipment—known as “electrolysers.” The agreement will also test the feasibility of using “green” ammonia in the shipping industry.
Hydrogen projects, in particular, have sprouted across Queensland ahead of a forecast hydrogen boon within the Asia market.