The Mid West Integrated Renewables and Hydrogen Project study results has Pilot in a position to develop clean energy projects to produce hydrogen and renewable energy on a globally competitive basis, leveraging existing operations in Mid West region.
The study included the Mid West Blue Hydrogen and Carbon Capture and Storage study (CCS and Blue H2 Study) focused on the Cliff Head Oil field, the Mid West Renewable Energy Study (Renewables Study), the 8 Rivers Blue Hydrogen Technology Study (8 Rivers Study) and the WA 481P CCS Study (WA 481P CCS Study).The Renewables Study and the 8 Rivers Study have been completed.
The first stage of the WA 481P CCS Study has also completed providing an assessment of the CO2 storage potential of Pilot’s 100 per cent owned WA-481P exploration permit with estimates of both the Contingent and Prospective CO2 storage resource capacity within the permit. These estimates have been prepared in accordance with the SPE CO2 Storage Resources Management System (SPE SRMS) Guidelines.
The Company is nearing completion of the CCS and Blue H2 Study which is assessing the implementation of a CCS and Blue H2 project centred on the Cliff Head Oil Field which is expected to be completed within the next several weeks. Pilot holds a 21.25 per cent interest in the Cliff Head Oil Field through its 50 per cent ownership of Triangle Energy, the operator of the Cliff Head Oil Field.
This CCS and Blue H2 Feasibility study is being jointly funded and contributed to by Pilot, APA Group and Warrego Energy.
Pilot advised that each of these feasibility studies have confirmed the opportunity to develop a large- scale clean hydrogen production project integrating CCS and renewable energy generation to produce hydrogen and electricity for both domestic and export markets.
Chairman Brand Lingo said Pilot is excited about the results emanating from the feasibility studies.
“The results not only show how competitive an integrated clean energy project can be in Mid West Western Australia, but also outline a clear multi-stage development path starting with carbon capture and storage and building off this platform to produce clean power and hydrogen for the domestic market and ultimately moves into production of low-cost clean ammonia for export as the new clean fuel for Asian energy markets,” Lingo said.