Public Knowledge Sharing Report: ITM Power Pty and Linde Engineering – Electrolyser Business Case Statement June 2023

Research and analysis
Provides an overview of the ITM Power (ITM) and Linde (LE) Business Case for siting an electrolyser manufacturing facility in Western Australia, including local supply of key components, assembly, and the development of an aftercare industry.

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Findings

  • The report recommends the development of an electrolyser manufacturing facility in the Latitude 32 General Industrial Area (GIA), with capacity to produce 2GW of electrolysis p.a.

Benefits

The benefits to Government of such a facility include:

  • Creation of around 200 direct jobs in the electrolyser manufacturing facility, leading to an additional 1,000 indirect jobs and injection of A$200m p.a. to the area’s gross economic output through associated services.
  • An increase of A$1bn p.a. in local purchasing within the State via the balance of plant supply chain where around 30% of the electrolyser stack assembly cost would be local content.

Creation of around 18,000 new jobs and an estimated A$3b p.a. in construction value in the next decade, along with A$50m p.a. local electrolyser system maintenance sector through construction of 2GW p.a. oh hydrogen production plants.

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