Amp Energy to continue as lead developer for Cape Hardy project

The Cape Hardy Green Hydrogen project comprises a two stage development: Stage I comprising 5 GW of electrolyser capacity, delivering over 5 million tpy of green ammonia, with the initial phase comprising 1 GW of capacity. The project's second stage will see doubling of this capacity to 10 GW. Over the previous nine months, Amp and Iron Road have also discussed expanding the intent of the Cape Hardy Green Hydrogen project to include an industrial manufacturing precinct centred on the green hydrogen and minerals value chain.

Contingent on this will be satisfactory commercial arrangements and assembling a consortium of development partners. Amp, together with Iron Road, have completed preliminary master planning of the Cape Hardy precinct incorporating electrolyser supply, water desalination, ammonia plant and ancillaries.

During the Strategic Framework Agreement period, the Cape Hardy Green Hydrogen project has been studied and reviewed by two leading global engineering firms as the project enters the pre-FEED design stage. Amp is continuing advanced discussions with numerous Eyre Peninsula landowners, third party energy developers and transmission network specialists, to secure and transmit renewable energy supply to drive lowest cost of ammonia for domestic and export off-take. Ongoing discussion with export and domestic offtake partners, financiers and local councils on the Eyre Peninsula confirms strong interest and unanimous support for the project. Indicative economic analysis at the pre-feasibility stage (class 5 engineering) supports an unsubsidised levelised cost of hydrogen of approximately US$3/kg. This equates to a mid US$600/t levelised cost of green ammonia. This costing is consistent with the stage of the project and is subject to ongoing design and economic optimisation, that will reflect the evolving commercial and market landscape.

For downstream delivery of the Cape Hardy Green Hydrogen project, Amp has recruited Thyl Kint as Project Director.

"We have seen a flight to quality from global strategic partners who are looking to partner with projects of scale. We believe the Cape Hardy Green Hydrogen project is strategically well positioned as one of Australia's flagship hydrogen projects," said Paul Ezekiel Amp President and founder.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/12012024/amp-energy-to-continue-as-lead-developer-for-cape-hardy-project/