PERTH (miningweekly.com) – A feasibility study into the potential for a blue hydrogen and carbon capture and storage (CSS) project, in the Mid-West region of Western Australia, has confirmed the suitability of the region.
The study was completed by a consortium consisting of ASX-listed Warrego Energy, Pilot Energy and gas infrastructure company APA Group.
The consortium has now extended its existing arrangements to further evaluate the findings of the feasibility study. It will also consider a range of potential commercial arrangements, including future participation and timing before any decision is taken by the consortium to proceed with the next stage of implementing and developing a project in the Mid-West region.
Warrego Energy Group CEO Dennis Donald, said the blue hydrogen and CCS project was another important pillar in the company’s Australian route to net zero by 2050.
“We welcome the news that the feasibility study has confirmed the Mid-West region is suitable for blue hydrogen production and CCS. Developing new CCS projects has become a major focus for Australian and global governments.
“The global market size for carbon dioxide utilisation is estimated to be set to reach a market value of $70-billion by 2030, which will then increase to $550-billion by 2040,” he said.