Future Energy Exports

What Future Energy Exports does

Future Energy Exports Cooperative Research Centre (FEnEx CRC) is an Australian not-for-profit organisation, established in 2020 and headquartered in Perth (with operations in Crawley, Western Australia), that conducts industrial-scale research to decarbonise Australia's energy export industry. Its programs target four pillars: efficient LNG value chains (emissions reduction, fugitive methane abatement), hydrogen export and value chains (liquefaction, storage, transport), digital technologies and interoperability (OIIE, ISO/TS 18101-1:2019), and market and sector development. FEnEx CRC operates a portfolio of proprietary free software tools (BoilFAST for boil-off gas modelling, ThermoFAST for multiphase equilibrium, and the Hydrogen Pathways App) and is building the Kwinana Energy Transformation Hub (KETH) in the Kwinana Strategic Industrial Area as a first-of-a-kind, multi-user open-access facility for clean energy demonstration and workforce training, with operations targeted from mid-2026.

FEnEx CRC's underlying technology stack centres on cryogenic systems for hydrogen liquefaction and LNG processing, thermodynamic modelling and simulation, carbon capture and storage, digital twin and interoperable analytics, and boil-off gas management. R&D outputs flow from a 468-person project team, 51 PhD scholars, and 103 active projects, supported by 42 industry, government, and academic partners including Chevron, Woodside, BP, INPEX, Baker Hughes, JX NOEX, Mitsui O.S.K. Lines, Osaka Gas, the Commonwealth Government, the Western Australian Government, ARENA, and universities such as UWA, Curtin, Melbourne, Seoul National University, and University of Science and Technology Liaoning.

The business model is a not-for-profit, community-led collaborative research centre rather than a commercial product company. Revenue is derived from Commonwealth Cooperative Research Centre program grants, state government grants (notably A$15 million from the WA Investment Attraction Fund), ARENA project-specific funding, and cash plus in-kind contributions from 42 industry and academic partners (e.g., INPEX Australia's A$1.5 million partnership). Software tools are distributed free of charge, while facility access, joint research programs, training, and consulting engagement are delivered through direct collaboration. KETH represents the most significant capital expenditure, intended to function as an open-access testbed and revenue-generating facility once operational in mid-2026.

Name

Future Energy Exports

Legal name

Future Energy Exports CRC Limited

Website

https://fenex.org.au

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Future Energy Exports CRC (FEnEx CRC) is an Australian not-for-profit cooperative research centre, founded in 2020, that runs industrial-scale R&D to decarbonise LNG production and build hydrogen export capabilities for Australian LNG operators, technology vendors, Japanese trading houses, and government partners, underpinned by a $163 million partner consortium and the upcoming Kwinana Energy Transformation Hub.

Ownership category

akta.pro rank

Product category

Clean Energy Research & Development

NAICS

Natural Gas Distribution (221210)

SIC

Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Disaster Risk Reduction & Climate Risk Management (BPADALAK)

Keywords

• LNG decarbonisation research
• Hydrogen export technology
• Cryogenic systems engineering
• Clean energy demonstration
• Cooperative research programs

Headquarters

HQ city

Crawley

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Government Grants: FEnEx CRC research is supported by grants from the Commonwealth Department of Industry, Science and Resources through the Cooperative Research Centres Program. Additional funding from the Australian Renewable Energy Agency (ARENA) and state government programs.
2. Industry Participant Contributions: Industry partners provide funding and in-kind contributions for collaborative research projects. Partnership with INPEX Australia involved A$1.5 million in research funding.
3. Project-Specific Funding: Co-funding arrangements for specific projects such as the Kwinana Energy Transformation Hub, supported by the WA Government's Investment Attraction Fund.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Future Energy Exports CRC (FEnEx CRC) is an Australian not-for-profit Cooperative Research Centre that develops technologies, software tools, and skills to decarbonise Australia's LNG export industry and build hydrogen export capabilities. Its portfolio comprises free industry software (BoilFAST, ThermoFAST, Hydrogen Pathways App), the Open Industrial Interoperability Ecosystem (OIIE) standards framework, collaborative research across four programs (Efficient LNG Value Chains, Hydrogen Export, Digital Technologies & Interoperability, Market and Sector Development), and the Kwinana Energy Transformation Hub (KETH) industrial-scale demonstration facility.

Product overview

Future Energy Exports Cooperative Research Centre (FEnEx CRC) is an Australian not-for-profit research organization established in 2020 that develops technologies and skills to help decarbonise Australia's energy export industry. Rather than a single unified product, the organisation offers a portfolio comprising software tools (BoilFAST, ThermoFAST, Hydrogen Pathways App), research frameworks (OIIE), and the flagship Kwinana Energy Transformation Hub (KETH) research facility. These offerings collectively address LNG decarbonisation, hydrogen export infrastructure, digital interoperability, and energy sector workforce training.

Differentiator

Problem solved

Functional benefit

Brands

• Kwinana Energy Transformation Hub (KETH): A unique industrial-scale facility to research, test and demonstrate decarbonisation technology solutions for the energy industry, including hydrogen and gas decarbonisation facilities and training capabilities.

Products and services

• BoilFAST Free software tool that models boil-off production for natural gas and hydrogen during cryogenic storage and transport; predicts boil-off generated over specified time and its impact on storage tank pressure, liquid levels, compositions and venting rates.
• ThermoFAST Multiphase equilibrium calculator for natural gas and LNG developed by the University of Western Australia; widely used in both research and industry for thermodynamic calculations and process modelling.
• Hydrogen Pathways App Modelling tool that allows users to explore different stages of the hydrogen supply chain - production, storage, transport and utilisation - and assess environmental and economic impacts of each stage.
• Kwinana Energy Transformation Hub (KETH) First-of-a-kind industrial-scale, open-access, multi-user research facility for demonstrating decarbonisation technology solutions for the energy industry, including hydrogen and gas processing equipment and operator training, located in the Kwinana Strategic Industrial Area in Western Australia.
• Open Industrial Interoperability Ecosystem (OIIE) Open specification framework combining existing industry standards for system-of-systems data interoperability across energy, petrochemical and asset-intensive industries; published as part of ISO/TS 18101-1:2019.

Quantifiable outcome

• LNG plant emissions need to decline from 0.47kgCO2-e/kgLNG in 2020 to 0.4 kgCO2-e/kgLNG by 2030
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

23 partnerships are on record, tiered core and major.

• GenH2 CorpcoreTechnology or Integration · 9 January 2026Collaboration to develop Mixed Refrigerant cryogenic refrigeration system for hydrogen liquefaction research at Kwinana Energy Transformation Hub. Delivery targeted for late 2026. The helium-neon blended system enables validation of thermodynamic models under cryogenic conditions.
• Path2 Hydrogen AGmajorStrategic or Co-development Partner · 9 January 2026Parent company of GenH2 Corp, German company listed on Frankfurt Stock Exchange, focused on hydrogen industry management holding.
• CQUniversitycoreStrategic or Co-development Partner · 30 October 2025Joined FEnEx CRC to leverage its Centre for Hydrogen and Renewable Energy (CHRE) in Gladstone. First project: Hybrid Intermetallic Materials for Enhanced Hydrogen Liquefaction valued at $700,500.
• GenH2 CorpcoreTechnology or Integration · 19 November 2024Agreement to engineer and demonstrate high-efficiency hydrogen liquefier with production capacity up to 100 kg/day at KETH. Focus on mixed refrigerants for hydrogen liquefaction to lower cost of hydrogen production, storage and export.
• Seoul National UniversitycoreStrategic or Co-development Partner · 24 April 2024Collaborating on Low Pressure Liquefied CO2 Research and Development Project, conducting research at SNU facilities and showcasing project to Korean CCUS industry.
• JX Nippon Oil & Gas Exploration Corporation (JX NOEX)coreStrategic or Co-development Partner · 23 August 2023Project partner in LP Technology R&D Project for low-pressure liquid CO2 transportation research. Contributing to development of safe and efficient solutions for industrial-scale CO2 shipping.
• Low Emission Technology Australia (LETA)coreStrategic or Co-development Partner · 23 August 2023Project participant investing in LP Technology R&D Project to prove technologies for CO2 transport from Asian industrial facilities to Australian storage locations.
• Mitsui O.S.K. Lines, Ltd. (MOL)coreStrategic or Co-development Partner · 23 August 2023Project participant in LP Technology R&D Project focused on liquefied CO2 shipping transportation under low pressures and low temperatures for lower carbon future.
• Osaka Gas Co., Ltd.coreStrategic or Co-development Partner · 23 August 2023Project participant in LP Technology R&D Project. Part of Daigas Group commitment to carbon neutrality by 2050, including CO2 value chain establishment.
• Pacific EnergymajorStrategic or Co-development Partner · 18 July 2023FEnEx CRC and Pacific Energy advancing hydrogen production at Kwinana Energy Transformation Hub.
• INPEX AustraliacoreStrategic or Co-development Partner · 24 May 2021A$1.5 million partnership supporting studies on efficiency of LNG production value chains, digital technologies, and hydrogen energy export. INPEX is operator of Ichthys LNG and committed to net zero by 2050.
• University of Western AustraliacoreStrategic or Co-development PartnerKey research university partner hosting FEnEx CRC headquarters and conducting major research programs including LNG and hydrogen projects.
• Curtin UniversitycoreStrategic or Co-development PartnerResearch partner contributing expertise in thermodynamics and energy transition research through FEnEx CRC programs.
• deepC Store Pty LtdcoreStrategic or Co-development PartnerProject co-executor for LP Technology R&D Project Phase 1, contributing to low-pressure liquid CO2 shipping research.
• University of South AustraliacoreStrategic or Co-development PartnerLead partner for Open Specification for Analytics Interoperability project, developing standards-based framework for energy sector analytics.
• MIMOSAcoreTechnology or IntegrationIndustry partner contributing to Open Industrial Interoperability Ecosystem (OIIE) development and analytics interoperability standards.
• Angang Steel Co. LtdmajorStrategic or Co-development PartnerPartner in Direct Ammonia Reduction of Iron Ore project, exploring use of ammonia as renewable reductant for iron making.
• Environmental Clean Technologies LimitedmajorStrategic or Co-development PartnerPartner in Direct Ammonia Reduction of Iron Ore project for low-carbon iron production technology development.
• University of Science and Technology LiaoningmajorStrategic or Co-development PartnerInternational research partner in ammonia reduction of iron ore project, building Australia-China research collaboration.
• The University of MelbournecoreStrategic or Co-development PartnerResearch partner for clean marine fuel options assessment, evaluating technical, economic and environmental performance of alternative fuels.
• Clean Marine Fuels InstitutecoreStrategic or Co-development PartnerPartner in assessing clean marine fuel options for Australia's shipping sector decarbonisation.
• Peta Ashworth OAMcoreStrategic or Co-development PartnerProgram Leader for Market and Sector Development program, Director of Curtin University's Institute for Energy Transition.
• Corey BakercoreStrategic or Co-development PartnerProgram Leader for Efficient LNG Value Chains program, Chartered Chemical Engineer with operational experience in energy sector.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CO2CRC / CO2Zero: Australian cooperative research centre for carbon capture and storage. Directly comparable structure, similar industry-academic partnership model, and overlapping CCUS research portfolio including FEnEx's low-pressure CO2 shipping work.
• Future Battery Industries CRC: Australian CRC focused on battery industry development with similar cooperative structure and industry-government-academic consortium model. Operates in adjacent clean energy transition space with comparable governance and funding patterns.
• Heavy Industry Low-carbon Transition (HILT) CRC: Australian Cooperative Research Centre focused on decarbonising heavy industry including steel, cement, and chemicals. Closest structural peer - similar CRC model, comparable funding profile, and overlapping industrial decarbonisation mission.

Others

• Wood Mackenzie: Global energy research and consultancy firm providing market intelligence on LNG, hydrogen, and energy transition. Thematically adjacent - both shape industry direction through research - but commercial intelligence rather than industrial research.
• ARENA (Australian Renewable Energy Agency): Australian government agency funding renewable energy R&D and hydrogen projects. Functions as both a co-funder (GenH2 collaboration) and policy shaper in FEnEx's space, but is a funder rather than research performer.
• Low Emission Technology Australia (LETA): Australian industry-led organisation investing in low-emission technology projects including CCUS. Direct project co-participant with FEnEx in the LP Technology R&D Project, with overlapping investor base and complementary mandate.

Emerging players

• TNO (Netherlands Organisation for Applied Scientific Research): Dutch applied research organisation with energy transition unit covering hydrogen, CCUS, and industrial decarbonisation. Similar applied research orientation with cross-sector industry partnerships.

Broad incumbents

• CSIRO (Commonwealth Scientific and Industrial Research Organisation): Australia's national science agency with a major Energy research unit working on hydrogen, CCUS, and clean energy. Comparable in scope and mandate (public-good energy research) but far broader across disciplines and significantly larger in scale.
• National Renewable Energy Laboratory (NREL): U.S. Department of Energy national laboratory for renewable energy and energy efficiency research. Comparable mandate in clean energy research and significant hydrogen expertise; much larger scale and U.S.-focused operating geography.
• SINTEF Energy Research: Norway's largest applied research institute with major energy research portfolio spanning hydrogen, CCS, and offshore energy. Comparable applied research orientation and LNG-adjacent expertise, though much larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/future-energy-exports-crc
• Xx.com/ExportsEnergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

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M&A

Investments

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Frequently asked questions about Future Energy Exports