GLOBAL Energy Ventures has signed a non-binding memorandum of understanding with ASX-listed Province Resources and Total Eren to study the feasibility of green hydrogen exports from Western Australia.
Province Resources and Total Eren are the two partners in the HyEnergy Project, which aims to export green hydrogen to markets in the Asia Pacific region.
GEV managing director and CEO Martin Carolan said the HyEnergy Project is an ideal green hydrogen export project for the company’s compressed hydrogen shipping system.
Province CEO David Frances said, “The HyEnergy Project partners are keen to understand the benefits of compressed hydrogen in relation to other means of transporting our potential green hydrogen product to market. GEV are leaders in this technology and will bring that experience to the study”.
Under the terms of the MOU, GEV will undertake a feasibility study to evaluate the technical and commercial feasibility of exporting green hydrogen from the project.
The scope includes transport from the onshore hydrogen gas production facility to an offshore ship-loading buoy and then on to nominated Asia-Pacific markets using GEV’s compressed hydrogen shipping system.
The study is to provide the HyEnergy Project partners with sufficient confidence to warrant the selection of compressed hydrogen as a preferred export method in the next phase of project engineering.
The HyEnergy Project partners signed a binding MOU in April this year to undertake a feasibility study, looking at the development of a major green hydrogen project in the Shire of Carnarvon in the Gascoyne region of Western Australia.
The project is to be developed in phases totalling up to eight GW in installed renewable energy capacity to be owned by Total Eren, and downstream assets to be equally owned (50/50) by Total Eren and Province.
The HyEnergy Project is completing a scoping study aimed for completion in 2021.
The project location is ideally suited for a potential C-H2 shipping system, given its coastal location and within a regional distance to multiple Asian markets with a future requirement for imported hydrogen.
