Black & Veatch to explore natural hydrogen ‘up to 75% more cost effective’

Black & Veatch has announced plans to study natural hydrogen extraction in Australia as part of a government-funded project.

The statement released by the company claimed the extraction of natural hydrogen could prove to be “up to 75% more cost effective than manufacturing hydrogen.”

H2EX will lead the Australian Federal Government funded project, with backing from the Cooperative Research Council Projects (CRC-P) Grants Round 14 initiative.

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