BP company announced that it was conducting a joint feasibility study with Macquire Group to produce green hydrogen from the oil giant’s former refinery site near Perth in Western Australia, Reuters reported.

BP elaborated that the study is checking how to decarbonize the Kwinana Industrial Area, home to several high-emission power plants, mineral refineries, chemical plants and cement works.

The company added that the study would also test the local industrial demand as well as the possible opportunities for partnerships to establish a large-scale electrolyzer for producing green hydrogen in Kwinana.

According to the statement, the Western Australian government is helping in in funding the study of $400,000, noting that it is expected to be completed during H1 of 2022