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GEV signed MOU with Pacific Hydro for Export of Green Hydrogen

 

 Global Energy Ventures (GEV) announced recently that GEV provide the following update on the development of a new compressed hydrogen ship (C-H2 Ship) to transport the zero-carbon fuel of the future. (Map=Location of the Ord Hydrogen Project & Proximity to Export Markets, quoted from GEV’s official website)

 

Highlight is as follows;

GEV and Pacific Hydro Australia Developments have executed a Memorandum of Understanding (MOU) to explore opportunities regarding the production, storage, loading, ground and marine transportation of green hydrogen produced by Pacific Hydro’s Ord Hydrogen Project.

 

• Both parties will work collaboratively on developing an export market and associated marine transport solution for green hydrogen utilizing GEV’s proprietary C-H2 ship and supply chain.

• Pacific Hydro operate the Ord Hydro Plant, located at Lake Argyle, Western Australia, which has the capacity to supply 30MW of renewable power to the local market.

• Pacific Hydro has completed feasibility study utilizing electricity generated by the Ord Hydro Plant to produce green hydrogen via the process of electrolysis, and market off take to domestic and future export markets.

• The location provides a unique opportunity for hydrogen production, utilizing low cost, high availability, dispatchable renewable generation and abundant access to water.

• The Ord Hydrogen Project has received funding support from the Western Australia Renewable Hydrogen Fund.

• The Ord Hydrogen Project is located near two ports in northern Australia with export potential for green hydrogen to Asian markets.

 

(IRuniverse)

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