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BP pays $23 million for WA cropping property to pursue green energy, hydrogen plans

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BP pays $23 million for WA cropping property to pursue green energy, hydrogen plans

World power firms are persevering with to eye off agriculture land in regional Western Australia for renewable power developments, with BP the most recent to snap up holdings.

BP has secured Daisy Downs, a 27,000-hectare cropping property north of Mullewa, for $23 million, saying it plans to include vital inexperienced power technology alongside the prevailing agricultural enterprise. 

Daisy Downs is anticipated to make up roughly 1 / 4 of the land wanted for BP to create 10 gigawatts of renewable power capability it’ll convert to hydrogen and ammonia for export from the WA authorities’s deliberate green energy hub at Oakajee.

The South West Interconnected System, the electrical energy grid powering communities from Geraldton, to Kalgoorlie and Albany, presently has a capability of 3-4 gigawatts.

BP spokesman James Foley stated the property would home wind and photo voltaic power technology property. 

“What we wished to do right here was actually entry one massive tranche of land rapidly to show that we’re critical about creating this mission,” he stated.

“It additionally offers us some flexibility round what we will do on the land. Wind and photo voltaic would be the most important purpose [but] we could have a look at alternatives to show it into hydrogen on the location.”

BP’s James Foley says Daisy Downs makes up a couple of quarter of the land it requires.()

In ‘synergy with farming’

The corporate is negotiating with landowners within the space to entry a further 73,000 hectares to develop its renewable technology infrastructure additional.

“The fantastic thing about it’s that’s may be performed in synergy with farming,” Mr Foley stated.

“It does not cease you from grazing. What’s does provide is one other type of earnings to assist drought-proof farms.

“The best way that we’ll be primarily structuring these leases with farmers is a hard and fast fee 12 months on 12 months.”

Daisy Downs was bought from Western Australian agrifood firm PenAgri, which acquired the property, together with extra farmland, for $55 million in July 2022.

The property has been leased to an area farm enterprise to proceed cropping.

BP is one in every of six firms allotted land within the deliberate Mid West Hydrogen Hub positioned at Oakajee, 120 kilometres west of Daisy Downs.

Different proponents to safe a lease are Fortescue Future Industries, Copenhagen Infrastructure Companions, Inexperienced LOHC, Kinara Energy and Blue Diamond Australia.

Wind generators function alongside farming at BP’s Cedar Creek II in Colorado, Unites States.()

Plans for inexperienced hydrogen plant

Additional south and on the coast, WA-based firm Infinite Inexperienced Power has signed a memorandum of understanding with South Korean engineering firm Samsung C&T to construct a significant inexperienced hydrogen plant.

The Arrowsmith Hydrogen Plant can be positioned 300km north of Perth and is forecast to supply as much as 9 gigawatts or roughly 100,000 tonnes of inexperienced hydrogen per 12 months.

Infinite Inexperienced Power chief govt Stephen Gauld stated the plant would produce a considerable amount of power.

“It can energy a large-scale energy station for a 12 months,” he stated.

“[For] heavy haul vans it will in all probability cowl a minimum of 700 highway trains a day.”

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