Frontier Energy Limited reported it had finished the Definitive Feasibility Study (DFS) for Stage One of the Bristol Springs Renewable Energy Project.
According to Frontier, the DFS reiterated the Project’s potential to be a catalyst for the Australian green (low carbon) hydrogen industry, benefiting substantially from proximity to existing infrastructure that increases annual production of green hydrogen to 4.9Mkg pa (Pre-Feasibility Study (PFS) 4.4Mkg pa) at a total cost of A$2.77/kg (inclusive of capital costs), which is one of the lowest reported costs for a green hydrogen project of this scale in Australia.
Frontier continues to develop offtake and funding conversations in preparation for a final investment decision (FID) later this year.
“We are delighted with the outcome of the Study as it again highlighted the unique opportunity we have at Bristol Springs to be a first mover in the green hydrogen industry,” Managing Director Sam Lee Mohan said.
Mohan stated that the infrastructure surrounding the Bristol Springs Renewable Energy Project not only allows the company to estimate some of the lowest green hydrogen production costs in Australia but also allows for early production as the industry matures over time.
“We believe the most likely pathways to early production will come from hard-to-abate sectors through accessing the nearby Dampier to Bunbury Natural Gas Pipeline, which can already take up to 9% hydrogen, as well as the potential for the development of a peaking plant, which uses hydrogen for flexible energy generation to meet high demand periods on the WA electricity grid,” Mohan said.
Mohan added, “Both of these potential early pathways to production are in line with the Western Australian Government’s strategy and targets for the production and consumption of green hydrogen within the State.”
