Parkway’s Brine Technologies Could Also Be Used in Energy Estate Projects
The Australian state of Queensland is a significant energy producer, with energy exports from Queensland rapidly increasing since 2015 when the first shipment of coal seam gas (CSG) was converted to liquefied natural gas (LNG) and left the Shell QGC-operated QCLNG facility on Curtis Island. In addition to QCLNG, the development of Santos-led GLNG and Origin Energy-led APLNG has created a globally significant LNG export industry, located in the coastal region of Gladstone in Central Queensland, through an investment of more than $80 billion.
While these investments support domestic energy production and provide energy security for Australian trading partners, particularly in Asia, a lasting legacy of the CSG industry is billions of liters of saline brine produced annually, estimated to contain 6 million tons of waste salts that will accumulate during the lifetime of the CSG projects.
Parkway Master Plan Aims to Provide Solution for Harmful Legacy of CSG Industry
The specialist in industrial wastewater treatment, technology company Parkway Corporate (WKN A1JH27 / ASX PWN), presented its master plan in the middle of this year, a plan to address the considerable long-term challenges posed to Central Queensland by the wastewater brine and salt originating from CSG. The company is pursuing an innovative, technology-based approach to deliver a sustainable, industry-wide solution.
The projects planned under the Queensland Brine Solutions (QBS) Master Plan are being developed based on various sustainability principles, including the use of renewable energy and the production of industrial chemicals from waste brine and salts to improve local supply chains, including for critical minerals.
Cooperation on the Use of Renewable Energy
Parkway has now announced a cooperation with the clean energy development company Energy Estate. In this partnership, they are exploring options for how Energy Estate can assist in providing renewable energy. Additionally, Energy Estate will support Parkway in finding ways to commercialize industrial, green chemicals produced as part of Parkway’s master plan.
Beyond the master plan, the new partners have identified several opportunities in Queensland, where Energy Estate has a considerable pipeline of renewable energy projects – wind, solar, green hydrogen and green ammonia, as well as biorefining. Energy Estate is leading the development of several renewable energy projects, including HyNQ (North Queensland Clean Energy Hub), an integrated project for producing liquid hydrogen from renewable energy sources and green ammonia, being developed in Abbot Point in North Queensland.
Parkway’s Brine Technologies Could Also Be Used in Energy Estate Projects
In addition to sourcing renewable energy from projects developed by Energy Estate, the parties are exploring how Parkway’s portfolio of innovative brine technologies could also be used to treat waste brine generated in a number of development projects, including projects related to the HyNQ Hub.
Parkway and Energy Estate view their strategic partnership as a crucial moment in the search for sustainable energy solutions in Queensland. The partners believe that this collaboration will advance innovation and progress in the areas of water, energy, and green chemicals. They stated that they will align with the government’s key priorities and sustainability goals.
