HIGHLIGHTS:
- Completion of Design Feasibility Report, advancing solar farm and transmission system to a 30% level of concept design.
- Peak export hydrogen volume revised to 90,000 tpa, with a +/- 10,000 tpa allowance for future optimisation activities.
- Northern Territory Environment Protection Authority (NTEPA) finalises the EIS Terms of Reference, including the Federal Government EPBC requirements.
- Preparation of the EIS continues with submission now planned for early 2024, covering both the Northern Territory and Federal Government EPBC approval processes.
- Draft project and land agreements submitted to the Tiwi Land Council, together with a proposed community benefits package.
- Progress on Port Melville has been delayed as NT Port & Marine Pty Ltd, the Port sublessee and operator, has been placed into Administration. Provaris is in communication with Deloitte, the administrator, and other relevant parties to monitor and assess the near term direction of Port Melville.
- Joint venture process to secure project partners is underway.
Provaris Energy is pleased to share the latest developments regarding the Tiwi H2 green hydrogen export project on the Tiwi Islands, Northern Territory. The Company continues to make significant progress through its Early Works program initiated in late 2022 that cover detailed engineering, permitting and land and project agreements.
Garry Triglavcanin, Provaris Executive Director & Chief Development Officer, commented: “Provaris continues to progress its Tiwi H2 project, and we are pleased with the detailed work undertaken to date by our Owner’s Engineer (CE Partner) on the solar farm and transmission system and EcOz, our environmental consultant.
The key focus for Provaris is progression of the project and land agreements with relevant key Tiwi Island stakeholders. Once a satisfactory outcome has been achieved, FEED and further engineering studies are planned to drive the project toward financial close, targeted for the end of 2024.
With the support of key stakeholders, the project development program still allows for Provaris’ targeted first hydrogen production and export in late 2027.”
Martin Carolan, Provaris Chief Executive Officer, highlights: “ The Tiwi H2 project is a first for the Australian hydrogen industry, with the ambition to efficiently export compressed hydrogen, a gaseous green hydrogen that is a pipeline ready high purity gas, simple to discharge for unloading, and an efficient delivery model to kick-off the decarbonization of targeted downstream industries in SE Asia.
Provaris welcomes the Federal Government’s recent announcement of the Hydrogen Headstart funding program for export projects and looks forward to participating in the consultation and future growth of such subsidy schemes designed to accelerate large scale hydrogen export projects in Australia.”
