March 11 (Renewables Now) - The Australian Renewable Energy Agency (ARENA) will support the feasibility study for a renewable hydrogen demonstration plant in Queensland with AUD 1.25 million (USD 815,232/EUR 720,584) in funding.
The feasibility study, ongoing since July 2019, is being conducted by the Queensland government-owned power company Stanwell Corporation Ltd at a cost of AUD 5 million, ARENA said. It will assess the technical and economic feasibility of installing at least 10 MW of hydrogen electrolysis at the coal-fired Stanwell Power Station in Central Queensland. There, the electrolyser can be used as a complimentary energy market load that can ramp up in times of excess supply. It could also participate in the Frequency Control Ancillary Services (FCAS) markets or future markets such as Fast Frequency Response (FFR).
The study will define the highest value end-use for the renewable hydrogen produced at the site.
Stanwell's plan is to purchase electricity and green certificates from the region’s renewable energy projects to offset all emissions stemming from running the electrolyser.
The feasibility study is expected to be finalised in late 2020.
(AUD 1.0 = USD 0.65/EUR 0.58)