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MOSCOW (MRC) -- Global energy
consultancy Xodus Group has been selected by Infinite Blue Energy (IBE) Group to
carry out initial phase one work for Australia’s first, large scale 100 percent
green hydrogen plant, said Hydrocarbonprocessing.
The
USD300 million Arrowsmith Hydrogen Project secured investment earlier this year.
Located 320km north of Perth, it is projected to produce 25 tonnes of green
hydrogen a day using solar and wind energy. Xodus’ Perth team will use its
previous international experience to deliver a preliminary environmental impact
assessment (EIA) and environmental impact identification (ENVID) as well as ad
hoc environmental support, including stakeholder consultation.
Xodus will
also offer GIS support and manage permits and the flora and fauna surveys for
the proposed site, undertaken by a third party. Naomi Kerp, Principal
Environmental Consultant at Xodus said: “IBE Group is at the forefront of green
energy in Australia and having worked with the senior team on previous projects,
we are excited to be supporting them again with our energy experience and
expertise. Projects like this can help establish Australia as a global leader in
the production and supply of zero-emissions hydrogen fuel so it’s fantastic for
us to be part of it from the very beginning."
Green hydrogen production
uses renewable energy (e.g. solar, wind, biogas) and water, and emits oxygen as
a by-product. IBE Group will be a true zero carbon commercial green hydrogen
producer, the first of its kind in Australia, as opposed to existing projects
that use traditional fossil fuels to produce liquid hydrogen.
The
Australian Renewable Energy Agency (ARENA) received 36 expressions of interest
to develop green hydrogen projects totalling almost 500MW in response to a
A$70million funding round launched in April. It is expected that funding will be
allocated by the end of 2020.
Naomi added: "The ARENA funding round
generated significant interest right across Australia, in every state and
territory. We’re seeing records of renewable generation broken on a regular
occurrence and highlights the changing supply mix throughout the energy market
as the country goes through a fairly rapid energy transition."
As MRC informed earlier,
Europe, one of the world’s biggest diesel consumers, faces a major glut which
combined with weak demand is weighing heavily on the ability of the region’s
refineries to keep running. Having hit record lows at the height of the
COVID-19 pandemic in April and May, European diesel margins are trending lower
again after posting a modest recovery in July. "Gasoil and diesel is 40%-50% of
refining output so it has to be profitable otherwise refineries just burn cash
and must shut down,” Hayal Ahmadzada, chief trading officer at Azerbaijain’s
SOCAR Trading said.
Ethylene and propylene are feedstocks for producing
polyethylene (PE) and polypropylene (PP).
According to MRC's DataScope report, PE
imports to Russia dropped in January-June 2020 by 7% year on year to 328,000
tonnes. High density polyethylene (HDPE) accounted for the main decrease in
imports. At the same time, PP imports into Russia rose in the first six months
of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer
(homopolymer PP) accounted for the main increase in imports. |
