WAROONA RENEWABLE ENERGY PROJECT

Clean Energy Solution in the heart of Western Australia

LOW COST OPERATION

ONE OF AUSTRALIA’S LOWEST COST GREEN HYDROGEN PROJECTS

WORLD CLASS EXISTING INFRASTRUCTURE

GRID CONNECTION, GAS PIPELINE, WATER PIPELINE, PORTS, ROADS, WORKFORCE

EXPANSION POTENTIAL

1,000MW or 1GW

OVERVIEW

The Waroona Renewable Energy Project is located 120km from Perth in the South West of Western Australia, and is on track to become one of the largest renewable energy projects in Australia.

The Project’s location, in close proximity to major existing infrastructure and nearby regional towns, provides several strategic advantages. The nearby 330kV Landwehr Electricity Terminal will allow the Company to sell electricity via the South West Interconnected System (“SWIS” – Western Australia’s main energy grid), generating revenue from electricity sales and from reserve capacity credits in WA’s Wholesale Electricity Market; the Landwehr Terminal is located on one of the highest capacity transmission lines in the SWIS. Nearby towns including Waroona, Collie and Mandurah can provide a highly skilled workforce.

In December 2023, Frontier completed the acquisition of Waroona Energy (WHE.TSXV), combining two adjacent projects to create a large-scale Australian renewable energy company, with 868ha of freehold land, shovel-ready solar generation of 355MW and the potential to expand to more than 1GW.

The Company is pursuing a staged development approach targeting high demand markets and future growth opportunities. Given that the WA electricity grid is facing a major supply-demand deficit, the initial development stages will focus on renewable electricity generation and storage. Stage One comprises a 120MWdc Solar farm with an integrated 80MW 4-hour battery. Approvals, permits and grid connections are all in place.

The company is also evaluating value add opportunities, including green hydrogen, to maximise the value of energy produced. The Stirling Trunk Water Main, which is located ~3km from the Project, could enable procurement of water for green hydrogen electrolysis. The Dampier to Bunbury Natural Gas Pipeline, which runs adjacent to the Project, could potentially allow for delivery of green hydrogen into future domestic and export markets.

INFRASTRUCTURE

The Project is ideally located in close proximity to multiple major infrastructure that can both accelerate the time to first production and reduce the overall capital cost. These include:

Landwehr Power Terminal

  • 33/330kV transformer
  • Connected to the SWIS which connects 2.3M customers in Western Australia
  • 3.5km from Bristol Springs

Stirling Trunk Main Water Pipeline

  • < 3km from Bristol Springs
  • Frontier and Water Corporation have signed binding Water Supply Agreement to deliver up to 1,250kl/day, sufficient for 150MW of hydrogen electrolyser capacity
  • See ASX announcement here

Gas Branching Point

  • Dampier – Bunbury Pipeline (DBNGP)
  • One of the largest capacity natural gas pipelines in Australia
  • Study to include Hydrogen – underway (AGIG) – see ASX announcement here
  • 3km from Bristol Springs