Synertec Selected for Gas Plant Power Optimization
Key points
- Powerhouse platform chosen by Amplitude Energy
- Project aims to enhance reliability and reduce emissions
- Estimated project value ranges from $4.5m to $5.5m
Full summary
Synertec Corporation Limited (ASX: SOP) announced that its Powerhouse platform has been selected by Amplitude Energy Limited (ASX: AEL) for the Orbost Gas Processing Plant Power Optimisation Project in Victoria. This project, estimated to be worth between $4.5 million and $5.5 million, aims to improve reliability, reduce maintenance costs, and lower fuel gas consumption and carbon emissions. The project will be delivered in three stages, starting with a Front-End Engineering and Design (FEED) study to refine the technical solution and optimize project outcomes. Synertec's solution includes an integrated solar and battery energy storage system with advanced controls and predictive intelligence, designed to operate alongside existing gas generation assets. The FEED study, expected to be completed during H1 FY27, will evaluate both capital sale and Build, Own, Operate and Maintain (BOOM) delivery models.
Guidance
Project value estimated between $4.5m and $5.5m, subject to Final Investment Decision.
Outlook
The project is expected to enhance reliability, reduce emissions, and demonstrate the scalability of Synertec's Powerhouse platform in industrial energy applications.
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