Project

Bell Bay Powerfuels Project

PROJECT STATUS
Awarded
Bell Bay Powerfuels Project

The Bell Bay Powerfuels Project is a renewable hydrogen and methanol production facility in Bell Bay, northern Tasmania. The 280-megawatt facility is expected to produce over 300,000 tonnes of green methanol a year.

Key Dates

Dec 2022 Project Announcement
2028 Expected Construction Completion
2029 Expected Operations Commencement

Funding contributions

Federal Government
Tasmanian Government

The project has been awarded up to $70 million in grant funding from the Federal Government under the Regional Hydrogen Hubs program.

Procurement

Procuring Agency: ABEL Energy
Successful Tenderer: thyssenkrupp nucera - electrolysers Johnson Matthey - methanol synthesis technology and catalyst supplier SunGas Renewables - biomass gasification technology supplier
Related contracts:
Front End Engineering Design
Successful Tenderer - Worley

PROJECT HISTORY

Nov 2020 The Tasmanian Government announced that ABEL Energy was one of three applicants awarded grant funding under the Tasmanian Renewable Hydrogen Industry Development Funding Program. The grant of $555,000 contributed to a 1.3 million feasibility study by ABEL Energy into the use of green hydrogen to make methanol at Bell Bay.
Jun 2022 ABEL Energy Knowledge Sharing Report released – this report investigated the feasibility of a 100 MW electrolyser plant to produce renewables-based green hydrogen and methanol at Bell Bay for domestic and export use.
Dec 2022 Iberdrola and ABEL Energy announce a partnership for the joint delivery of the green hydrogen and green methanol production facility. The project's total estimated cost was announced as $1.7 billion.
Jun 2023 Hydro Tasmania announced the signing of a term sheet with Iberdrola and ABEL Energy for the sale of the decommissioned Bell Bay Power Station. ABEL Energy announced the project's total estimated cost had been revised down from $1.7 billion to $1.2 billion.
Nov 2023 ABEL Energy announced the selection of Johnson Matthey as the methanol synthesis technology and catalyst supplier and the selection of SunGas Renewables as provider of the biomass gasification technology.
Jan 2024 ABEL Energy announced that Worley has been engaged to undertake Front-End Engineering Design (FEED).
Mar 2024 ABEL Energy announced thyssenkrupp nucera as the preferred supplier of the (alkaline water) electrolysers.
Jun 2024 The Tasmanian Minister for Energy and Renewables announced the demolition of the former Bell Bay Power Station on the project site has commenced.
May 2025 The Tasmanian Government announced Bell Bay Power Fuels as the provisional proponent for the Tasmanian Green Hydrogen Hub.