STARTING A CENTRAL QUEENSLAND HYDROGEN INDUSTRY Steve Quilter EGM Energy Trading and Commercial Strategy 27 February 2020
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Commercialisation Four ingredients for early-stage hydrogen projects Competitive capital and input costs Domestic off-take Funding from ARENA and other investors Government policy, funding support to fill the gap CENTRAL QUEENSLAND | COMMERCIALISATION | STAGE 1 - DEMONSTRATION | STAGE 2 - EXPORT SCALE-UP | INVESTING IN THE FUTURE 3
Stage 1 – Demonstration project Offtake opportunities Power to Ammonia Market engagement process Domestic – regional ammonia demand per year to displace some imported ammonia: ✓ 1. Long-list / early leads • 50,000 tonnes ammonia, or • 7,700 tonnes hydrogen. NH 3 ✓ ✓ 2. Short-listing International – Stanwell is working with a potential partner on an international green ammonia supply chain demonstration. 3. MOU/Non-binding agreements Power to Gas 4. Executed agreements Injection of hydrogen into gas distribution networks, and synthetic / renewable methane have also been considered, but appear less viable. CENTRAL QUEENSLAND | COMMERCIALISATION | STAGE 1 - DEMONSTRATION | STAGE 2 - EXPORT SCALE-UP | INVESTING IN THE FUTURE 4
Stage 2 – Export scale-up opportunity Green ammonia and co-combustion Market drivers Characteristics • Energy sector Ability to use Timing: 2030 NH 3 • decarbonisation existing transport Demand: approximately targets in Japan infrastructure 600,000 tonnes per annum • Pricing: shadow price imported biomass Technology for Limited biomass co-combusting NH 3 supply Other opportunities in coal-fired plant • Supply chain partners • Portfolio of products/end uses CENTRAL QUEENSLAND | COMMERCIALISATION | STAGE 1 - DEMONSTRATION | STAGE 2 - EXPORT SCALE-UP | INVESTING IN THE FUTURE 5
Investing in the future of hydrogen Opportunities for commercial partnerships Investment Off-takers Original Government partners equipment funding bodies manufacturers CENTRAL QUEENSLAND | COMMERCIALISATION | STAGE 1 - DEMONSTRATION | STAGE 2 - EXPORT SCALE-UP | INVESTING IN THE FUTURE 6
Find out more For more information visit stanwell.com or email hydrogen@stanwell.com CENTRAL QUEENSLAND | COMMERCIALISATION | STAGE 1 - DEMONSTRATION | STAGE 2 - EXPORT SCALE-UP | INVESTING IN THE FUTURE 7
Together we create energy solutions 8
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