Provaris Energy Ltd (ASX:PV1) has taken the next regulatory approval step for its Tiwi H2 Project on the Tiwi Islands in Australia's Northern Territory by submitting an Environment Protection and Biodiversity Conservation (EPBC) Referral to the Australian Federal Government’s Department of Climate Change, Energy, the Environment and Water (DCCEEW).
The Tiwi H2 Project involves the development of a 100,000 tonnes per annum green hydrogen production facility for export into the Asia-Pacific region.
This EPBC Referral marks the second phase of environmental assessment processes for the project, with a decision from the Northern Territory’s Environment Protection Authority expected this month.
“The EPBC Referral has been prepared to demonstrate that the Tiwi H2 Project will be developed in a safe, sustainable and efficient manner, pursuing a minimal environmental and social impact,” Provaris Energy executive director and chief development officer Garry Triglavcanin said.
“We look forward to the DCCEEW’s decision, expected by late November 2022.”
Targeting the Asia-Pacific Green H2 market
PV1 has begun the process of looking for development partners for the Tiwi H2 project, specifically in areas of investment, offtake, construction and operational support to jointly develop the project.
“Provaris continues to advance the Tiwi H2 from concept design through to the phases of detailed design, engineering and approvals to ensure the project maintains its position as an early mover in the export of green hydrogen from Australia,” managing director and CEO Martin Carolan said.
“We are now actively seeking partners for joint development of the project given the simplicity of compressed H2 offers a shortened development timeframe and lower project capital cost to export hydrogen into the emerging Asia-Pacific markets.”