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6 September 2023BP has completed a concept development phase study into its large-scale green hydrogen hub, H2Kwinana, in Western Australia and is now a step closer to achieving a final investment decision for the project. In separate news, the firm has also led a US$12.5m investment in green hydrogen specialist Advanced Ionics, a climate-tech startup from Milwaukee, US.
Established in 1955, and serving as an import terminal since 2021, Kwinana is the site of a former BP oil refinery.
Subject to internal and government approvals, however, BP, in partnership with Macquarie Group, is planning on turning the facility into an energy hub that along with producing green hydrogen to support domestic and export demand, will also produce sustainable aviation fuel (SAF) and hydrogenated vegetable oil (HVO), also known as renewable diesel.
The hub proposes the installation of an electrolyser of at least 75 MW, hydrogen storage, compression, and truck loading facilities, and upgrades to BP’s existing on-site hydrogen pipeline.