Fortescue Future Industries & ncitec Pivot will progress planning for the conversion of IPL’s Gibson Island ammonia facility to run on green hydrogen to its final stages, electing to commence Front End Engineering Design as well as executing a framework agreement to govern the project through to a Final Investment Decision. With studies having confirmed its feasibility, the proposed project could see the construction of a new ~500MW hydrogen electrolysis facility at the site to produce green hydrogen as well as the retrofitting of IPL’s existing ammonia manufacturing facility to run on the green hydrogen produced onsite. IPL’s Gibson Island facility will cease traditional fertiliser manufacturing early in the new year. As part of IPL’s decarbonisation strategy and in line with FFI’s goals to help heavy industry decarbonise, the Brisbane ammonia manufacturing and port facility conversion would be a world-first. By virtue of running on green hydrogen, the facility could ultimately produce up to 400ktpa green ammonia, which can be exported to international markets as well as used in fertiliser or to help decarbonise local industry through its potential use as a low-carbon fuel source for ports, airports and heavy transport. Front End Engineering Design is a critical phase in development and will firm up technical specifications and cost, underpin procurement, as well as mature the project to Final Investment Decision, targeted for 2023. The FEED phase is anticipated to cost around $38 million, with the Federal Government, through the Australian Renewable Energy Agency, contributing $13.7 million.
Fortescue Future Industries & ncitec Pivot will progress planning for the conversion of IPL’s Gibson Island ammonia facility to run on green hydrogen to its final stages, electing to commence Front End Engineering Design as well as executing a framework agreement to govern the project through to a Final Investment Decision. With studies having confirmed its feasibility, the proposed project could see the construction of a new ~500MW hydrogen electrolysis facility at the site to produce green hydrogen as well as the retrofitting of IPL’s existing ammonia manufacturing facility to run on the green hydrogen produced onsite. IPL’s Gibson Island facility will cease traditional fertiliser manufacturing early in the new year. As part of IPL’s decarbonisation strategy and in line with FFI’s goals to help heavy industry decarbonise, the Brisbane ammonia manufacturing and port facility conversion would be a world-first. By virtue of running on green hydrogen, the facility could ultimately produce up to 400ktpa green ammonia, which can be exported to international markets as well as used in fertiliser or to help decarbonise local industry through its potential use as a low-carbon fuel source for ports, airports and heavy transport. Front End Engineering Design is a critical phase in development and will firm up technical specifications and cost, underpin procurement, as well as mature the project to Final Investment Decision, targeted for 2023. The FEED phase is anticipated to cost around $38 million, with the Federal Government, through the Australian Renewable Energy Agency, contributing $13.7 million.
