The $5 million in joint funding from the Marshall Government and Trafigura will be used to advance the front end engineering design (FEED) for the planned green hydrogen facility in Port Pirie.
If approved, the Port Pirie Green Hydrogen Project is expected to cost $750 million from design through to construction.
“This $750 million project is part of the ongoing transformation of South Australia into a producer of green hydrogen of global significance based on our outstanding renewable energy resources,” said South Australian Premier Stephen Marshall.
“My Government has dialled up the state’s intention to lead the way by achieving net-100 per cent renewables by 2030 and a 50 per cent cut to emission by 2030.”
FEED will commence immediately on the study, with a final investment decision (FID) expected for the end of 2022.
If approved, the project will begin construction in 2023, with development expected in phases.
The first stage will involve an 85 MW electrolyser, with the facility anticipated to produce an initial amount of 200 tons per tay (tpd) of green hydrogen.
The full-scape plant will produce 100 tpd of green hydrogen at full capacity from a 440 MW electrolyser, enabling it to meet needs for both domestic supply and export.
Trafigura Australia general manager Tim Rogers said the company is looking forward to working with the South Australian and federal governments to bring the project to reality.
With both State and Federal Government support, the Port Pirie Green Hydrogen Project has the potential to be a catalyst for new jobs and economic growth in the region, creating opportunities for existing local businesses to become part of the supply chain, attracting new talent, and encouraging new companies and industries to establish a local presence,” Rogers said.
For more information visit the Premier for South Australia’s website.