Why is Hybrid Energy Australia proposing a liquid fuels and power generation development near Kingston?

Hybrid Energy Australia holds petroleum and mineral exploration licences over an extensive lignite (coal) deposit near Kingston in South Australia's South East. A number of emerging trends have now provided an unique opportunity for the company to investigate an integrated low-carbon synthetic liquid transport fuels and low-emission power generation facility utilising this Kingston Coal resource. These emerging trends include:

  • a predicted short-fall of power supply within ten years in south eastern South Australia;
  • the decreasing natural gas reserves within South Australia;
  • a continuing increase in the price of liquid transport fuels;
  • exciting advancements in environmentally responsible coal combustion and gasification techniques; and
  • the close proximity of significant underground reservoirs for the long-term storage of carbon dioxide captured from the energy conversion process (geosequestration opportunities).