Frontier Energy Limited
Climate Impact & Sustainability Data (2023E-2027E, July 2022)
Reporting Period: 2023E-2027E
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100%
Total Energy Consumption:250 GWh/year (Stage 1)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Green Hydrogen Production
- Renewable Energy
Environmental Achievements
- Development of a 114MWdc solar farm to produce ~4.4ktpa of green hydrogen (Stage 1), with potential expansion to 438MWdc and beyond.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Generate >1GW of renewable energy from BSP, achieving ~40ktpa of green hydrogen production.
Medium-term Goals:
- Expansion to 438MWdc solar capacity (Stage 2)
- Potential acquisition of Waroona Energy to increase capacity to ~700MW
Short-term Goals:
- Final Investment Decision (FID) in 2H CY23
- Stage 1 completion and first production in 3Q25
Environmental Challenges
- Embryonic industry with production, transportation, and sales yet to be commercially implemented at scale.
- Securing off-take agreements and managing price and demand uncertainty.
- Competition from other green hydrogen projects.
- Dependence on the price achieved for hydrogen sales.
- Securing project funding.
- Risk of losing key personnel.
Mitigation Strategies
- Phased development of the Bristol Springs Project (BSP) to manage capex.
- Engagement of Equity Lifting Solutions (ELS) to assist in off-take negotiations.
- Exploration of various funding options including debt, grants, and equity.
- Strategic location of BSP near infrastructure and potential customers.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 13 (Climate Action)
The project contributes to these goals by producing green hydrogen, a clean energy source, and reducing reliance on fossil fuels.
Sustainable Products & Innovation
- Green hydrogen
Awards & Recognition
- Not disclosed
Reporting Period: July 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Renewable energy
- Green hydrogen
- Emissions reduction
Environmental Achievements
- Received Development Approval from the WA Government for Bristol Springs project.
- Planning for 114MWdc solar farm and 36MW green hydrogen electrolyser in Stage 1, with expansion opportunities beyond 500MWdc and 150MW electrolyser capacity in Stage 2.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Expand renewables generation beyond 500MWdc with an additional 120MW electrolyser capacity (Stage 2) commencing from 2027.
Short-term Goals:
- First renewable energy production in 2024/25 from Stage 1 (114MWdc solar and 36MW electrolyser).
Environmental Challenges
- Securing low-cost freshwater for hydrogen production.
- Securing an Electricity Transfer Access Contract (ETAC) from Western Power.
Mitigation Strategies
- Assessing the prospect of accessing treated wastewater from the Bunbury Wastewater Treatment Facility.
- Application for ETAC underway with Western Power, with an agreement anticipated shortly.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Displacing diesel in domestic heavy transport market.
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 13 (Climate action)
FHE's focus on renewable energy and green hydrogen aligns with the UN's Sustainable Development Goals 7 and 13.
Sustainable Products & Innovation
- Green hydrogen
Awards & Recognition
- Not disclosed