Woodside is planning a A$1 billion ($748 million) hydrogen export project south of Perth, with the goal of exporting low-carbon energy to other countries while also increasing renewable energy sources in Western Australia.
The proposed H2Perth project aims to produce up to 1500 tonnes of hydrogen per day, which will be exported as ammonia and liquid hydrogen. Construction on the phased project, which will be sponsored by the Western Australian government, is expected to begin in 2024.
The project, which may be one of the world’s largest of its sort if completed to its full capacity, is expected to cost almost A$1 billion, according to the WA government. However, it did not specify how the state and Woodside would divide the expenditures.
“Woodside wants to assist State activities to increase local hydrogen demand, notably in the transport sector and among local heavy industry, in addition to attaining a common objective of hydrogen export from Western Australia in the second half of the decade.” Local refueling stations might be developed independently of export project timetables and open as early as 2023, depending on permissions and customer demand, according to Woodside.
“As an Australian oil and gas producer, Woodside has a strong track record, and our LNG exports will continue to assist Asia fulfill its energy demands while decreasing greenhouse gas emissions for decades to come.” Now, we plan to leverage our expertise and financial resources to expand our range of energy products and lower-carbon technologies and services, which can be expanded to meet customer demand,” said Woodside CEO Meg O’Neill.
“The State Government property being leased in the Kwinana and Rockingham districts is perfectly positioned near existing gas, power, water, and port infrastructure, as well as a talented local residential workforce,” Woodside stated.
“These benefits will make a significant difference in terms of cost and schedule, allowing H2Perth to provide competitively priced hydrogen to customers,” the business claimed.
“It’s not only about hydrogen when it comes to building in this region. H2Perth will also help Western Australia’s renewable energy sector flourish by supplying a flexible and stable load to the grid, which will boost the uptake of intermittent renewable electricity by families and local business, according to Woodside.
Woodside has announced that it would initiate community involvement on the H2Perth project, as well as detailed progress reporting to consumers. Construction is expected to begin in 2024, pending appropriate commercial and regulatory clearances and a final investment decision.
