HyEnergy Project

September 6th, 2022

HyEnergy Project

The project proponents are progressing the phased development of a potential renewables-based hydrogen project in the Gascoyne region of Western Australia.

Main proponents:

Total Eren, Province Resources Ltd

Main end-use classification:

Domestic and export potential under evaluation

Status:

Under development

Estimated cost:

 

Other involvement:

 

Production details:

The project is proposed to generate 550,000 tonnes of renewables-based hydrogen per annum at full capacity over a two-phase development approach.

Location:

Western Australia, Australia

Announced funding:

AUD$300,000 – Western Australian Government Renewable Hydrogen Fund Round 2 (feasibility study): awarded to Global Energy Ventures Ltd to be applied to the feasibility study for the HyEnergy Project

Project description

In April 2021, the proponents announced signing of a Memorandum of Understanding (MoU) to co-operate and proceed with the development of the proposed HyEnergy zero carbon hydrogen facility (“HyEnergy”) to be located in the Shire of Carnarvon, in the Gascoyne region, in Western Australia.

The Project would be developed in two phases totaling up to 8 Gigawatts (GW) in installed renewable energy capacity.

The Project is proposed to generate 550,000 tonnes of renewables-based hydrogen per annum at full scale.

In August 2021, it was announced that Global Energy Ventures Ltd (GEV – now Provaris Energy) had entered into an MoU with the proponents to undertake a feasibility study to evaluate the technical and commercial feasibility of exporting green hydrogen from the HyEnergy Project. The scope would include transport from the onshore hydrogen gas production facility to an offshore ship loading buoy and then on to nominated Asia-Pacific markets utilising Provaris’s compressed hydrogen shipping solution.

In September 2021, GEV/Provaris announced that it had received up to AUD$300,000 in funding under Round 2 of the Western Australian Government Renewable Hydrogen Fund (feasibility study) to be applied to the feasibility study for the HyEnergy project.

In December 2021, the Western Australian Government announced the project would receive Lead Agency Services from the Department of Jobs, Tourism, Science and Innovation.

In March 2022, Province Resources announced completion of a scoping study into the project; the study was based on a two-phase development, with Phase 1 being the initial construction and operation of 4 GW of upstream power generation, transmission infrastructure and downstream hydrogen production facilities. An additional 4 GW of renewable power would be added in Phase 2.

In May 2022, Province Resources indicated that the HyEnergy Project MoU with Total Eren had been extended to 31 July 2022. This was followed in August 2022 with an announcement that legally binding key terms for the development of the HyEnergy Project had been finalised between Province Resources and Total Eren.

In August 2022, Provaris announced completion of its export-focused feasibility study. The study is focused on the proposed Phase 1 of the project (with a proposed total hydrogen production volume of 275,000-300,000 tonnes per annum) and analysed the export of 200,000 tonnes of hydrogen per annum into the Asia-Pacific region, with a focus on delivery to Singapore.

Further information can be found in the Province Resources release of March 2022 on the completion of its scoping study into project development.

 

This description is based on publicly available information as of end August 2022