Energy major bp will take an investment decision on the H2Kwinana project, in Western Australia, in 2024, and is aiming to start production by 2026. The company last week completed its concept development study, which identified two potential base case scenarios, with the hub producing either 44 t/d of green hydrogen or 143 t/d. The potential growth target of 429 t/d was selected as the third and final case.
PERTH – Energy major bp will take an investment decision on the H2Kwinana project, in Western Australia, in 2024, and is aiming to start production by 2026.
Capital costs for the project would range from A$399-million for the base case project, to A$1.49-billion for the enlarged 143 t/d operation and A$1.42-billion for the growth case, while operating costs could range between A$82-million a year and A$693-million a year. “Renewable hydrogen produced in the first stage of the H2Kwinana project is intended for domestic supply, but as we scale up electrolysis capacity by the end of the decade, we will be looking at export markets,” said bp business development director for hydrogen in Western Australia “Government support is crucial to the success of a new industry like hydrogen, and we’re very encouraged by what we’re seeing in Western Australia, and all the right signals are coming from the federal government...
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