Green Springs Project

August 30th, 2022

Green Springs Project

The project proponent is progressing with the development of an integrated renewable hydrogen facility which includes a 10 GW modular renewables-based hydrogen project located in the Western Davenport region of the Northern Territory.

Main proponents:

Climate Impact Capital Limited (CIC)

Main end-use classification:

Export and domestic market focussed

Status:

Under development – a feasibility study has been completed and the project proponent has indicated that the Front-end Engineering and Design (FEED) study is planned for 2022/ 2023

Estimated cost:

At full scale:
Upstream: US$350 million
Midstream: US$8 billion
Downstream: US$950 million

Other involvement:

 

Production details:

Integrated upstream, midstream and downstream hydrogen project comprising, at full scale, a 10-Gigawatt (GW) hydrogen production facility

Location:

Northern Territory, Australia

Announced funding:

 

Project description

The project proponent is progressing development of a 10 GW (off grid) renewables-based hydrogen production facility with the feasibility study completed and the terms of reference for the FEED drafted. The project includes an equipment manufacturing facility, for supply to the project and sale to domestic and international markets, and chemical production facilities using the produced hydrogen.

The project proponent has indicated that discussions are underway with an EPC company to construct the project and with co-investors to joint venture in the chemical production facility.

The hydrogen production facility will use a modular-based production process for the manufacture of hydrogen to mitigate risks.

The project would consist of Integrated upstream, midstream and downstream hydrogen project components:

Upstream – comprises a 1 GW per annum electrolyser manufacturing facility and a water production unit manufacturing facility.

Midstream – comprises a renewable hydrogen production component (reaching 10 GW scale at full capacity) consisting of a series of hydrogen production modules, each comprising:

  • a photovoltaic (PV) solar system;
  • a concentrated parabolic trough solar thermal heater;
  • a water manufacturing unit (WMU); and
  • a purpose designed electrolyser; and

Downstream – comprises a chemical production facility which could include:

  • e-methanol;
  • e-kerosine; and
  • fuel ammonia.

The project would provide its own renewable water produced from dewatering air, off grid renewable electricity supply and carbon capture. The PV system would provide power to the electrolyser and the WMU (which produces H2O and carbon dioxide). The solar thermal heater would provide power to the project and process heat to the WMU. Carbon dioxide would be used in the chemical facility to produce renewable fuels for use by industries in hard to abate sectors.

The project proponent has indicated it has:

  • established the founding consortium to undertake the development of the hydrogen production facility and is bringing new members to the consortium to co- invest and develop the upstream and downstream components of the project; and
  • undertaken preliminary discussions with several potential offtake partners in Australia and in key Asian markets that are also potential members of the consortium.

The project would be located in the Western Davenport region of the Northern Territory. The region covers almost 24,500 square kilometres and is located approximately 150 kilometres south of Tennant Creek.

The project proponent has indicated that the terms of reference for FEED has been finalised and the company selected to undertake the study is expected to begin in the latter part of 2022.

The storage and transport of the hydrogen and hydrogen products and carbon dioxide would be finalised as part of the FEED and in consultation with the Northern Territory Government.

This description has been reviewed by the project proponent.

www.Cicapital.com.au

 

Uploaded: August 2022