Western Australian outfit Greenvale Mining looks to be leaning heavily on its hybrid power station to get its Alpha Torbanite project across the line, framing the planned 50 MW solar farm as a significant drawcard and even adding the wholesaling of electricity to the top of the project’s products list.
The company recently released a conference presentation to the Australian Stock Exchange (ASX) saying its proposed hybrid power station serves “an important strategic purpose” and will be particularly important for the Queensland government which its targeting 50% renewable power generation by 2030.
Alongside the sale of wholesale electricity, the mine’s main product will be torbanite, also known as boghead coal or channel coal, which is a variety of fine-grained black oil shale. Seemingly cognisant of the global loss of appetite for all things coal and oil, Greenvale is putting its colocated hybrid power station front and centre of its “new development strategy”. (Neil Biddle, Greenvale’s managing director, was a founding director of Pilbara Minerals Limited, one of Australia’s major lithium miners, and so is probably well aware of the momentum now behind the clean energy transition.)
Greenvale’s current planning is based on having a 50 MW gas turbine which it says will produce enough waste heat for the retorting process coupled with a 50 MW solar farm, though the company has indicated the solar farm could be swapped for an “alternative renewable energy system”.
Nonetheless, the company says the solar farm projected to offset all carbon emissions over the life of the project, which is set to operate for 10 years as a simple open cut operation extracting torbanite from a depth of five to 50 metres underground. Greenvale estimates the project will cost between $125 million and $200 million, most of which will go towards the hybrid power station infrastructure.
The other major selling point of the proposal is bitumen – as in the road base. Bitumen products typically came from oil refineries, but with those closing, Australia is in need of a new source.
The feasibility study for Greenvale’s Alpha Torbanite project is set to be released in the first quarter of 2022.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.