Global Energy Ventures, is pleased to announce the results of its Scoping Study that demonstrates it can deliver a technically feasible, zero emission compressed hydrogen (C-H2) supply chain with a competitive shipping range using 100% green hydrogen, consistent with a net-zero future.
Levelised Cost of Hydrogen concludes C-H2 is a competitive supply chain for green hydrogen
Martin Carolan, Executive Director commented: “GEV is delighted with the results of the Scoping Study, which confirms the C-H2 supply chain is very competitive for the marine transportation of hydrogen at 2,000 nautical miles and up to 4,500 nautical miles.
C-H2 can become a game-changing solution for the hydrogen economy and deliver a timely and energy efficient ‘port to port’ zero emission supply chain for green hydrogen to be produced in Australia for markets in the Asia-Pacific region.
When compared to Liquefaction (LH2) and Ammonia (NH3), we have demonstrated C-H2 is the simplest, with minimal technical barriers to achieve commercialisation in line with timelines for large-scale projects seeking a transport solution.
GEV will now accelerate its plan to address key markets for green hydrogen, alongside advancing the C-H2 Ship approvals from American Bureau of Shipping expected in 1H 2021 and define our own green hydrogen export project in Australia to support the construction of a pilot scale C-H2 Ship.”
Illustrative example of hydrogen customers within 2,000 to 4,500 nautical mile range of Australia