Global Energy Ventures Ltd announced the building of a 2.8 GW / 100,000 tpa green hydrogen export facility on Australia’s Tiwi Islands (the Tiwi Hydrogen Project).
GEV proposes a tiered approach to building, beginning with 0.5 GW of installed solar generation and increasing to 2.8 GW as the regional hydrogen market expands, while also benefiting from continued cost and efficiency advancements in photovoltaics, electrolysers, and shipping.
GEV’s Managing Director and CEO, Martin Carolan commented: “The strategic rationale for GEV to develop a landmark upstream renewable energy and green hydrogen production project is to demonstrate the simplicity and efficiency of using compression for a pipe-to-pipe green hydrogen supply chain and to provide greater certainty in the commercialisation of our shipping solution. This project can transition GEV from a midstream service provider to an innovative hydrogen company. Our compressed shipping solution is highly modular and can therefore scale to match the advancement of electrolyser technologies and market demand for pure green hydrogen gas, and deliver a competitive cost of hydrogen as the project scales. The support of the Northern Territory Government also demonstrates the Territory’s strategy and vision to be a world-scale producer and exporter of renewable hydrogen.”
Northern Territory Government Minister for Renewables and Energy, Hon Eva Lawler commented: “I welcome GEV’s announcement that it has selected the Tiwi Islands for its renewable hydrogen project and that it is working closely with the Tiwi Land Council and the Traditional Owners of the land. With our world-class solar resources and our proximity to key export markets, the Northern Territory is an ideal place to generate renewable hydrogen to meet the future demand within our region. We look forward to supporting GEV through our investment facilitation team to progress the project through to operation.”
GEV’s Executive Director and Chief Development Officer, Garry Triglavcanin commented: “Today’s announcement of the Tiwi Hydrogen Project is the result of over six months of research, analysis and consultation to gain the support of key stakeholders, including the Tiwi Land Council, the Munupi Landowners, Northern Territory Government, Tiwi Plantation Corporation, NT Port and Marine and a number of technology vendors. I would like to personally thank the Tiwi Land Council and the Munupi Landowners for welcoming GEV to the Tiwi Islands and their ongoing trust and support. The project will deliver social and economic benefits to the Tiwi community in the form of employment, skills training and education on a long-term sustainable basis. GEV has worked closely with key Tiwi stakeholders to ensure the project will have a low environmental impact on the Tiwi Islands. This has been achieved by selecting previously cleared and developed plantation land for the solar farm, existing right of way for the transmission line, as well as locating the hydrogen production facilities at an existing industrial precinct, adjacent to existing port infrastructure for export. GEV has completed a prefeasibility level analysis that has identified this location as being highly suited to our compressed hydrogen shipping solution due to its close proximity to Asia-Pacific markets.”
