Integrated energy site coming together at Julia Creek

QEM is reporting progress in validating its integrated energy site in northwest Queensland. The Gold Coast company has plans for a vanadium mine and green hydrogen hub on a lease south of Julia Creek. QEM has confirmed to the ASX that DNV Australia successfully completed the first stage of a pre-feasibility (PFS) study into power generation from solar and wind resources. It’s part of the Company’s broader assessment into the production potential of green hydrogen. DNV Australia describes itself as “… the independent expert in assurance and risk management. Driven by our purpose, to safeguard life, property and the environment, we empower our customers and their stakeholders with facts and reliable insights so that critical decisions can be made with confidence.” The PFS, which was announced to market on 8 April 2021, encompassed solar and wind resource mapping, a preliminary solar photovoltaic (solar PV) system design, as well as a preliminary wind turbine layout. The first stage focused on the wind farm aspects, with DNV modelling a detailed wind resource map, incorporating the Julia Creek project specifications and relevant constraint parameters. Based on this wind resource map, DNV has developed a preliminary wind farm layout with a rated capacity of 126 megawatts, consisting of 21 wind turbine generators. Closer to Green Hydrogen production He was delighted to see the key aspects of the Company’s clean energy strategy advancing said QEM Managing Director Gavin Loyden. “The results of the wind farm stage of the study brings QEM another step closer to becoming a pioneering Queensland producer of green hydrogen,” Mr Loyden said. QEM Managing Director Gavin Loyden “As an Affiliate of H2Q, the Queensland Hydrogen Industry Group, we are excited to contribute to the initial development of the Queensland hydrogen industry, particularly in the green hydrogen space.” “The hydrogen market report independently produced by Siecap further reinforces that our path towards green hydrogen, commencing with investment in on-site renewable energy generation, is the optimal one to deliver long-term value for QEM.” “This is further supported by QEM’s potential to become a supplier of green energy into the proposed $1.5 Billion Copperstring 2.0 high voltage transmission line development, adjacent to our Julia Creek Project.” Solar farm considered in stage two of the PFS DNV has also identified an area supporting a complementary solar farm. It is currently finalising the second stage of the PFS, which is investigating the solar resources, with anticipated completion by the end of the month, the company reported to the ASX. DNV has recommended further wind studies, including monitoring on-site wind speeds, to provide enhanced confirmation of this indication. This first stage provides a positive indication of the viability to develop a wind farm in conjunction with other renewable energy sources to power green hydrogen production on site. QEM’s Julia Creek Project is located approximately 5.5km south-east of the township of Julia Creek and 235km east of Mount Isa, along the Flinders Highway. The above map shows the project location adjacent to the proposed Copperstring 2.0 electrical line.

Integrated energy site coming together at Julia Creek

Industry Queensland

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