Friday, June 21, 2024

WA begins talks with Korean energy consortium on green ammonia plant

In a first for Western Australia, the Cook Government has commenced an exclusive negotiation period with a major South Korean renewable energy consortium, to establish a green ammonia plant near Geraldton.

Progressive Green Solutions, in partnership with Samsung C&T and KOMIPO (Korean Midland Power Co), are proposing to build a plant on two lots, at DevelopmentWA’s Narngulu Industrial Estate.

The facility is expected to produce up to one million tonnes of green ammonia per annum using renewable hydrogen.

“Our Government is committed to de-constraining land for WA’s renewable energy sector in the Mid-West region and across the State to deliver new jobs and diversify our economy,” said Lands Minister, John Carey.

“The strategic location of Narngulu has attracted local and foreign investors who are looking to utilise its proximity to key industrial areas and transport links including Geraldton’s port.

“Through strategic planning, we’ve been able to attract interest in our regions through making industrial land available to build businesses for the future.

“The work being done by our Government, through the Industrial Lands Authority, ensures we are ready to meet that demand.”

The facility is expected to help support the decarbonisation of power generation assets in South Korea, with first shipments expected in 2027.

The WA Government, through DevelopmentWA, brokered a land use solution to accommodate the project at Narngulu Industrial Estate paving the way for a new renewable energy cluster in Geraldton to complement the planned hydrogen hub at Oakajee.

Located 12-kilometres southeast of Geraldton, Narngulu Industrial Estate is an important general industrial precinct for Geraldton and the Mid-West region.

“Western Australia is perfectly positioned to provide the land, infrastructure and skills required to develop large scale renewable hydrogen and green ammonia projects,” said WA Energy Minister, Bill Johnston.

“With its exceptional renewable energy resources, the Mid-West is attracting significant global interest and investments from markets such as South Korea, Japan and Europe, seeking to support the decarbonisation of their economies.

“Projects such as this are also expected to unlock significant local manufacturing and jobs in the Mid-West.”

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