Hydrogen

Frontier Energy expects to be one of Australia’s first Green Hydrogen producers

Thu 24 Mar 22, 10:33am (AEST)
SPONSORED
This article was written in collaboration with Frontier Resources
Frontier

Key Points

  • Frontier expects to be one of the first to contribute to the WA Government’s robust plans to fast-track clean energy projects
  • Unlike many of the projects that have come to market, Frontier’s planned pathway to Green Hydrogen is “all doable"
  • Bristol Springs’ world-class supporting infrastructure puts Frontier in the enviable position of being a leading developer in this new [Green Hydrogen] energy market

Renewable energy company Frontier Energy (ASX: FHE), has engaged Xodus Group to complete a renewable energy expansion and Green Hydrogen production studies at the company’s Bristol Springs solar (BSS) project in WA.

Limited access to the right major infrastructure, along with prohibitive costs have always been regarded as major barriers to entry into the Green Hydrogen industry. Which is why so many would-be hydrogen producers have typically struggled to get their projects off the ground, at both cost and scale.

Building a Fast-track to Green Hydrogen

However, Frontier believes that the proximity of the Bristol Springs’ world-class supporting infrastructure near the Port of Bunbury, plus a highly skilled local workforce - coupled with next year’s commencement of Stage One (114MWdc) construction - puts the company in the enviable position of being a leading developer in this new energy market.

The  BSS  Project  Stage  One  alone  would  account  for  approximately 36% of this production by 2024 based on current projections.

While Stage 1 has received Development Approval from the WA Regional Development Assessment Panel, Frontier has also commenced multiple work streams to assess increasing power capacity to more than 500MWdc at BSS.

These studies include Solar Optimisation Study, Wind Energy Integration Study, and Battery Energy Storage Optimisation Study.

First under the Green Hydrogen wire

Based on a team with a track-record of delivering on these large-scale projects, Frontier expects to be one of the first to contribute to the WA Government’s robust plans to fast-track clean energy projects and Green Hydrogen manufacturing capability.

The WA Government has highlighted the need for companies with world-class renewable energy resources, and vast land masses to help meet plans to produce and export Green Hydrogen by 2030.

While WA currently produces no commercial green hydrogen, the government expects production to match the state’s share of LNG sales by 2030, which in 2020/21 were valued at $15.8bn.

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Green Hydrogen study

With renewable energy now at the forefront of Frontier's future plans, the company’s Green Hydrogen study will consider the development of Green Hydrogen production using clean energy from the BSS Project and is expected to be completed by the third quarter of 2022.

The preferred case will then be carried forward to the techno-economic study where electrolyser options (PEM,  alkaline,  solid  oxide  etc), storage options, feedstock (water) requirements will be used to determine optimal hydrogen production rate and storage vessel sizing.

A hydrogen market assessment – including domestic demand and other global  opportunities - will also be completed to identify potential offtake partners and market prices for green hydrogen.

Significant growth

Frontier’s Managing Director Mike Young notes that the WA-based renewable energy industry offers significant growth opportunities, particularly to support nearby aluminium mining and the Collie and Kwinana industrial precincts, all of which require massive decarbonisation.

“This is why we decided to transition from mining exploration and focus on clean energy opportunities,” noted Young a former BC Iron (ASX: BCI) and Vimy Resources (ASX: VMY) CEO.

“Unlike many of the projects we’ve witnessed come to market, Frontier’s planned pathway to Green Hydrogen is “all doable.”

Young also acknowledges the expertise within the broader management team and board line up that make this project possible.

A full interview with Young about the renewable energy expansion and green hydrogen study can be viewed below.

Grant Davey (non-executive director): A mining engineer with over 20 years of gold experience, having worked in senior operational roles in Africa and Australia with AngloGold Ashanti, Anglo Coal and Forbes & Manhattan.

The board also provides experienced finance, media, marketing and government relations executives including Chris Bath (Executive Director) and Dixie Marshall (Non-Executive Director).

 

DISCLAIMER: Market Index helps small-cap ASX listed companies connect with Australian investors through clear and concise articles on key developments. Frontier Energy Ltd was a client at the time of publishing. All coverage contains factual information only and should not be interpreted as an opinion or financial advice. Consider consulting a qualified financial adviser before making an investment decision.

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Company Insights

Market Index helps ASX-listed companies connect with a large audience of Australian investors through clear and concise content about key developments. All coverage contains factual information only and should not be interpreted as an opinion or financial advice. Consider consulting a qualified financial adviser before making an investment decision.

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