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Hydrogen

Friday
22 Jan 2021

GEV and Pacific Hydro Sign Hydrogen Export Deal

22 Jan 2021  by Molly Burgess   

Global Energy Ventures (GEV) and Pacific Hydro Australia Developments (Pacific Hydrogen) will explore opportunities for the production, storage, loading, ground and marine transportation of green hydrogen produced at Pacific Hydro’s Ord Hydrogen Project.

The two companies yesterday (20th Jan) signed a Memorandum of Understanding (MoU) for the partnership which will see the development of an export market and associated marine transport solution for green hydrogen.

Under the agreement, GEV will utilise its new compressed hydrogen ship (C-H2 Ship) to transport the fuel which will be produced at Lake Argyle, Western Australia, through Pacific Hydro’s project which has capacity to supply 30MW of renewable power.

Martin Carolan, Executive Director commented, “GEV is delighted to enter into this MOU with Pacific Hydro given its long-term success in operating a renewable energy business that is backed by a shareholder group with a global focus on renewable energy.”

“The proposal to locate a green hydrogen facility in the East Kimberley powered by the Ord Hydro Plant can advance the development of one of Australia’s first green hydrogen operations that is ideally located in the North West of WA, in proximity to two ports that will be studied future export of green hydrogen to nearby Asian markets.”

James Miller-Randle, Pacific Hydro’s Director of Strategy and New Business, added, “Almost twenty-five years after the Ord Hydro Plant first began generating electricity, Pacific Hydro is thrilled to enter into an MOU with GEV to explore export opportunities for a renewable hydrogen plant connected to the Ord Hydro power station.”

“The project is currently under development and we are looking forward to engaging with the local traditional owners, Miriuwung Gajerrong and broader community, as well as other key stakeholders as we continue to progress this exciting project.”

This article is reproduced at www.h2-view.com

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