An international consortium made up of InterContinental Energy, CWP Global and Mirning Green Energy Limited, announced today an integrated green fuels mega project in the South-East of Western Australia.
When fully operational, the Western Green Energy Hub (WGEH) could produce up to 50 gigawatts of hybrid wind and solar power over 15,000-square-kilometres in South-East Western Australia, across the Shires of Dundas and the City of Kalgoorlie-Boulder. The region provides an optimal diurnal profile for renewable energy, with consistently high levels of wind and solar energy over a 24-hour period said the consortium in a press release.
The project will be built in phases to produce up to 3.5 million tons of zero-carbon green hydrogen or 20 million tons of green ammonia each year, which will be provided domestically and exported internationally as the green fuels market continues to expand post- 2030.
The group adds that the project will deliver socio-economic benefits to the local community, as well as provide a huge boost to the Western Australia State Government’s Renewable Hydrogen Strategy and the Commonwealth Government of Australia’s National Hydrogen Strategy. Green fuels produced at the site could help meet future demand from multiple sectors, including in co- firing in power generation, the shipping sector, heavy industry such as steel, chemicals and mining, as well as the aviation sector.
Some predictions say that the green hydrogen sector could become a US$2.5 trillion market by 2050.
Ownership and Equity
In addition, WGEH will define a new model for natural resource and energy companies to partner with First Nations Land Owners. This is because Mirning Green Energy Limited, a wholly owned subsidiary of the Mirning Traditional Lands Aboriginal Corporation, will have a meaningful carried equity stake in the project, together with a permanent seat on the WGEH Consortium Board. WGEH will be developed with complete respect for the Mirning