Xodus architecting 1-GW green hydrogen project in Western Australia
Steve Swindell, Managing Director at Xodus. Source: Xodus.
Global energy consultancy Xodus said today it is architecting a large export-scale green hydrogen project in the Mid-West region of Western Australia with a planned electrolyser capacity of up to 1,000 MW.
The project is called MercurHy and will be developed in phases in order to give the green hydrogen market sufficient time to evolve and eventually benefit from electrolyser price reductions.
The plan is to start with 150 MW in Phase 1, then expand to 500 MW in Phase 2 and finally reach the gigawatt scale in Phase 3.
According to Xodus managing director Stephen Swindell, the firm has led the project from its infancy and has now attracted partners to achieve joint success.
Currently going through the investor engagement stage, Xodus has signed a memorandum of understanding (MoU) for hydrogen supply with pure-play silica sand company VRX Silica Ltd (ASX:VRX), which plans to manufacture solar panels locally to supply national and international demand. In addition, the consultancy has advanced talks with other potential off-takers and says it has the backing of local landowners and the state government.
“The aim of this project is to push the supply chain forward, reduce technology risks and achieve cost reductions,” Swindell stated.