Launceston. ABEL Energy is pleased to join Worley in announcing their agreement to work together in developing the design of ABEL Energy’s flagship A$1.7 billion green hydrogen and methanol project at Bell Bay in Northern Tasmania.
Worley is a professional services company of energy, chemicals and resources experts helping customers shift their operations towards a more sustainable future.
Worley’s scope includes multi-discipline engineering, procurement and construction services to support the project through to a successful final investment decision. They will work in close collaboration with ABEL to deliver a project which presents a significant step towards reaching Australia’s energy transition goals.
The Bell Bay Powerfuels Project is scheduled to commence production of green hydrogen by 2028, mainly as an input for 300,000 tonnes of green methanol per year for the shipping industry.
Global shipping companies like Maersk and CMA CGM are ordering large new container ships capable of running on green methanol, so that they can reduce the greenhouse gas intensity of their cargo businesses. Using green methanol from Bell Bay as a fuel will enable them to avoid emitting over 540,000 tonnes per year of fossil fuel CO2 into the atmosphere.
The process will use 240MW of water electrolysis to produce green hydrogen. This hydrogen is combined with carbon from a sustainable biomass source to produce green methanol. As well as being a clean shipping fuel, the methanol can also be used as a building block for green chemicals and sustainable aviation fuel (SAF).
Worley will complement their significant in-house capability by collaborating with local Tasmania-based engineering company pitt&sherry, to provide a best-for-project solution harnessing local experience in key project activities.
Worley and pitt&sherry will bring together proven project delivery capability, construction-led approach, along with global experience across the entire carbon-neutral methanol value chain to de-risk and deliver the Bell Bay Powerfuels Project. The FEED is expected to run for 12 months.