Abel Energy accelerates Townsville green methanol facility

In Australia, Abel Energy said it is accelerating the potential construction of a methanol manufacturing plant at the Cleveland Bay Industrial Park located in the Townsville State Development Area to produce 400,000 tons per annum of green methanol.

Abel Energy is seeking to export green methanol through the Port of Townsville and provide green methanol marine bunkering facilities on Port land. This would also include supporting infrastructure such as storage tanks, loading and unloading facilities, and pipelines.

Abel Energy CEO Michael van Baarle said: “The Townsville project would seek to replicate the company’s flagship project, Bell Bay Powerfuels in Tasmania. “Abel Energy’s green methanol production process uses 100% renewable power, fresh water and biomass residues. Our production site in Bell Bay – and the one planned for Townsville – is clean in operation with virtually zero greenhouse gas emissions, water emissions or waste discharge.[

“Townsville poses an ideal location for our second green methanol production facility due to the availability of wind and solar energy, along with the large amount of readily available biomass in the forms of sugar cane waste, invasive pest species prickly acacia and woodchip,” he added.

Abel Energy is finalizing a feasibility assessment for the Townsville Project.  A final investment decision would be by the end of 2027, with operations commencing in 2029, the company said.

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