BP has completed the concept development phase study of a green hydrogen project in Kwinana, Western Australia, and it has identified two viable base-case scenarios for production. The H2Kwinana energy centre will be able to deliver green hydrogen for both the domestic market and exports. The completion of the feasibility study was announced by the Western Australian government, stating that the milestone puts BP a step closer to making a final investment decision.
The feasibility study was supported by A$70 million from the state government’s A$180 million investment into renewable hydrogen as part of its 2050 net zero transition plan. Two alternative base-case scenarios were revealed, in which the hub produces either 44 tonnes or 143 tonnes of green hydrogen daily. A third case selected a potential growth target of 429 tonnes per day.
In December 2022, BP signed a MoU with the government of Egypt to explore the prospects of establishing a new green hydrogen production facility in the country. The agreement was signed by bp, the Egyptian Electricity Transmission Company, the General Authority for Suez Canal Economic Zone, the Egyptian New and Renewable Energy Authority, and the Sovereign Fund of Egypt for Investment and Development.