Renewable energy sources and storage
As the world transitions towards renewable energy sources and pathways toward net zero, Idemitsu Australia is conducting feasibility assessments and developing renewable power projects to provide a variety of renewable energy power sources and energy storage options.
Idemitsu Australia recognises the role it must play in helping the world achieve its decarbonisation ambitions and the part it plays in its parent company’s, Idemitsu Kosan’s, medium-term decarbonisation plans as well as its overarching long-term target to reach net zero CO2 emissions from Idemitsu Kosan Group’s operations (Scope 1 & 2) by 2050.
We are proud to invest in sustainable energy development in Australia and are currently advancing our investigations and developments in solar, biofuels and e-fuels, green hydrogen and ammonia.
Our global renewable energy expertise will help us to deliver projects that create domestic and export energy opportunities, and our current projects include:
- Pumped Hydro Energy Storage (PHES) project providing up to 400MW with 8hrs of energy storage (3,200MWh) in Muswellbrook in partnership with AGL.
- 135MWAC large scale solar PV farm in Muswellbrook in partnership with Swedish renewable energy developer, OX2.
- Muswellbrook Clean Industries Precinct which will incorporate pumped hydro and solar, and continuing investigations into green hydrogen, energy storage technologies and co-locating clean industry users of these energy sources.
- Green hydrogen and ammonia production facility at Abbott Point in partnership with CS Energy, IHI Engineering and Energy Estate.
- Merriown solar farm, a 6.5MWp/4.95MWac behind the meter solar farm that is due to commence construction in Q4 2024. By mid-2025, this project will supply green electricity to Boggabri Coal Mine, sufficient to meet 100% of the daytime load requirements.
Muswellbrook Clean Industries Precinct
Muswellbrook Pumped Hydro
As Australia transitions to include more renewable energy sources, hydroelectric energy storage can provide large amounts of long duration storage to keep electricity running and is shaping up to be a critical part of our future energy system.
The proposed Muswellbrook Pumped Hydro Energy Storage (PHES) facility, in partnership with AGL, is exploring an innovative model whereby an existing mine void at Idemitsu’s Muswellbrook Coal mine acts as the lower reservoir and nearby Bells Mountain is proposed as the location for the upper reservoir. The pumped hydro system will provide capacity of up to 400MW with 8hrs of energy storage (3,200MWh).
The project is located within the Hunter-Central Coast Renewable Energy Zone and is being developed to provide deep energy storage to underpin the reliability of the NSW electricity grid and support the transition to low emission generation technologies, such as wind and solar PV.
In 2022, Muswellbrook Pumped Hydro Pty Ltd, was awarded $9.45 million funding under the NSW Government’s Pumped Hydro Recoverable Grants Program to advance development studies to a stage where the project is ready for investment. The grant funding is being used to complete a targeted geotechnical due diligence program, detailed project design and connection studies to prepare the project for an investment decision.