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FEASIBILITY STUDY OF GREEN HYDROGEN AND METHANOL PRODUCTION AT THE BELL BAY ADVANCED MANUFACTURING ZONE
The ability of the Australian State of Tasmania to provide low-cost, near-100% renewable power through its mainly Government-owned electricity generators and transmission and distribution networks places it in an enviable position. Tasmania is the only region in Australia currently supplying its residents and industries with fully renewable electricity.
That same electricity can be used for the production of competitively-priced green hydrogen and derivatives through electrolysis of water. In this way, the use of fossil fuels can ultimately be displaced in all applications in Tasmania and beyond, not just in power generation.
The common feature of most similarly-advantaged regions around the world is their reliance on decades of hydropower infrastructure development. Tasmania is no exception, with the State-owned Hydro Tasmania providing over 80% of the electricity distributed in the Tasmanian power grid. ABEL Energy is one of a number of Australian companies drawn to Tasmania by its renewable power infrastructure. In particular, the Bell Bay Advanced Manufacturing Zone is an ideal location for the development of new green hydrogen-based industries, given its status as an existing industrial zone and its access to renewable power, a sea port, and a skilled local workforce
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