AUSTRALIA – A prefeasibility study (PFS) into a Bristol Springs hydrogen project, in Western Australia, has shown that the project has the potential to be an early mover, low-cost green hydrogen producer.
ASX-listed Frontier Energy on Thursday said that the study is based on the development of a green hydrogen production facility at Bristol Springs, based on a 114 MW solar farm.
The PFS found that the Bristol Springs project could produce some 4.4-million kilograms of hydrogen a year, resulting in a cost of some A$2.83/kg of hydrogen produced. The low cost took into consideration the existing infrastructure at Bristol Springs, which will lower the capital cost, while also allowing for additional income to be generated through excess energy sales and reserve capacity credits.
“Green hydrogen is a unique opportunity to store, move and distribute renewable energy and is set to play a huge role in helping humanity in decarbonising the energy we need,” said Frontier executive chairperson Grant Davey.
“The Frontier Energy green hydrogen project is strategically located with suitable land, abundant water, South West Interconnected System (SWIS) access, gas pipeline access and transport infrastructure so as to be an Australian leader in ensuring that green hydrogen production and distribution becomes a near-term reality.
The hydrogen project is expected to require a capital investment of some A$69.9-illion, with sustaining costs estimated at A$11.7-million. Capital costs for the Stage 1 solar operation have been estimated at A$166.3-million.