Strike Energy's $3 billion project to supply essential farming fertiliser shelved for gas power plant

  • 📰 abcnews
  • ⏱ Reading Time:
  • 29 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 83%

Strike News

Energy,Power,Electricity

A WA-based gas company's plans to make 1.4 million tonnes of urea per annum from clean hydrogen and natural gas, which attracted the interest of farmers, will now focus on producing electricity instead near Three Springs.

Plans for a $3 billion urea facility have been shelved unless the company behind it, Strike Energy, can find more gas.Strike will instead move to develop a peaking power plant to supply the northern end of the SWIS grid.

But it was its plans to make 1.4 million tonnes of urea per annum from clean hydrogen and natural gas that attracted the interest of farmers. "Some of the appraisal of our existing gas resources at South Erregulla was unsuccessful, so the amount of gas that Strike has, to be able to develop there, shrunk quite dramatically, quite quickly," he said.

"This is a peaking gas power station which is designed to support and firm renewable energy so that you don't suffer from intermittency or lack of reliability that the weather can throw up.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines