InterContinental-led group plans USD-70bn green H2 and fuels project in WA

A group consisting of InterContinental Energy, CWP Global and Mirning Green Energy Ltd today announced they plan to build in phases an integrated green fuels mega project in Western Australia featuring up to 50 GW of wind and solar power capacity.

The Western Green Energy Hub (WGEH) is designed to be able to produce up to 3.5 million tonnes of green hydrogen or 20 million tonnes of green ammonia each year. The output will both be used domestically and exported internationally.

The final investment decision (FID) on the project is targeted for post-2028, while its total build-out capital cost is estimated at around USD 70 billion (EUR 59bn).

The hub is proposed to be constructed on 15,000 sq km (5,792 sq mile) of land in the South-East of the state, across the Shires of Dundas and the City of Kalgoorlie-Boulder. The developers have concluded that this region provides an optimal diurnal profile for renewable energy, having consistently high levels of wind and solar energy over a 24-hour period. They note that the green fuels produced at the site will cater to future demand from multiple sectors, including in co-firing in power generation, shipping, heavy industry such as steel, chemicals and mining, and aviation.

Mirning Green Energy Ltd is a fully-owned subsidiary of the Mirning Traditional Lands Aboriginal Corporation, a Registered Native Title Body Corporate (RNTBC) that manages the land of the WA Mirning People. They will have “a meaningful carried equity stake” in the project.

The WGEH is InterContinental Energy’s third massive project and the largest of the bunch as well. In particular, the company is also involved in the 26-GW Asian Renewable Energy Hub in Western Australia, which failed to secure an initial environmental permit last month, and the 25-MW Green Energy Oman project.

(USD 1.0 = EUR 0.843)

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