South Australian authorities grant rights to Amp for extensive development of green hydrogen production.
Amp Energy, a global leader in energy transition development, has announced plans to establish a significant green hydrogen project at the Cape Hardy Port Precinct in South Australia. The Co-Founder and Chief Investment Officer of Amp, Paul Ezekiel, stated that the company's background in developing large-scale upstream power systems globally positions it perfectly for the emerging opportunity of green hydrogen.
This transformative development is expected to be a game-changer for the South Australian economy. The project aims to install an electrolyser with a capacity of 500 megawatts (MW) and produce up to 1.5 million tonnes of green ammonia per year. This will be done by leveraging renewable energy to enable large-scale green hydrogen and ammonia production for export and domestic use.
The economic opportunities of the project are substantial. It is expected to generate significant local employment, including hundreds of jobs during construction and ongoing operational roles upon commissioning. The project also supports South Australia's ambition to become a major green hydrogen and green ammonia industry hub. It will drive investment in port infrastructure and renewable energy generation in the region, boosting regional economic growth by fostering new industries linked to clean energy export.
The Cape Hardy site, with its direct access to high voltage power and a deep-water port for hydrogen transportation, is strategically located and transmission-connected. Amp Energy plans to develop and build up to 5 GW of electrolyser capacity over the next decade in the precinct, delivering over 5 million tons per annum of green ammonia.
The South Australia Government has shown its support for the project, with the Premier considering the Cape Hardy precinct as evidence of South Australia's hydrogen production capabilities. Amp's involvement in Cape Hardy extends its commitment to South Australia, following a AUD $2 billion investment in renewable generation and Battery Energy Storage in 2021.
Amp Energy has signed an agreement with Iron Road Ltd to develop green hydrogen at scale on the Cape Hardy Port Precinct in South Australia. This development is expected to create 4,800 Direct and Indirect Construction jobs and 250 Direct and Indirect Operations Jobs.
The Honourable Peter Malinauskas MP, Premier of South Australia, stated that South Australia's renewable energy reputation is strengthening. He welcomed Amp's continued strategic commitment to South Australia, making it one of the largest hydrogen developers in Australia, with plans to develop 20 GW of electrolyser capacity across three precincts.
Amp's integrated model in Australia includes owning and optimizing feedstock generation assets, transmission, processing, and export. The company's digital energy platform, Amp X, offers interoperable solutions aimed at unlocking grid flexibility at a large scale. Amp X has developed a disruptive grid edge digital platform to allow all forms of distributed generation and load to contribute to the energy system dynamically.
The Barngala people and Eyre Peninsula landowners have strong relationships with the project, and the Australian Government has shown support through a $25 million investment in port infrastructure development. The Premier's Government has a commitment to hydrogen through the Hydrogen Jobs Plan.
In summary, Amp Energy's green hydrogen project at the Cape Hardy Port Precinct is a transformative development for both the local economy and Australia's clean energy export capacity. It offers significant job creation, regional economic boost, and the potential for South Australia to become a major green hydrogen and green ammonia industry hub.
- Amp Energy's green hydrogen project at the Cape Hardy Port Precinct aims to produce up to 1.5 million tonnes of green ammonia per year, leveraging renewable energy for large-scale green hydrogen and ammonia production.
- The Cape Hardy site, with its direct access to high voltage power and a deep-water port for hydrogen transportation, is strategically located and transmission-connected.
- Amp Energy plans to develop and build up to 5 GW of electrolyser capacity over the next decade in the precinct, delivering over 5 million tons per annum of green ammonia.
- The economic opportunities of the project are substantial, with the potential to generate significant local employment and support South Australia's ambition to become a major green hydrogen and green ammonia industry hub.
- In addition to job creation, the project will also drive investment in port infrastructure and renewable energy generation in the region, boosting regional economic growth.
- Amp Energy's digital energy platform, Amp X, offers interoperable solutions aimed at unlocking grid flexibility at a large scale, with a focus on distributed generation and load.
- The South Australia Government and Australian Government have shown support for the project, with investments in port infrastructure and a commitment to South Australia's hydrogen production capabilities and clean energy exports.
