Questerre Energy Corporation has signed a Letter of Intent with Norway’s ZEG Power to jointly explore opportunities for blue hydrogen.
Under the deal, Questerre said it will evaluate ZEG Power’s proprietary leading edge blue hydrogen technology for its Clean Tech Energy Project in Quebec, Canada.
The Clean Tech Project has been looking to incorporate hydrogen into the natural gas supply in Quebec with the potential to expand for carbon capture and storage associated with blue hydrogen.
The Letter of Intent outlines that both companies will explore joint venture opportunities to apply the ZEG Power technology to produce clean hydrogen and power from Questerre’s clean gas project where applicable.
ZEG Power’s production technology features integrated carbon capture, based on sorbent enhanced reforming, producing streams of high purity hydrogen and high purity carbon dioxide ready for utilisation or storage.
Read more: Norwegian hydrogen plant progresses
The Letter of Intent will include the engineering and economic diligence for a demonstration plant concept and subsequently scale up to larger commercial plants.
Michael Binnion, President and CEO of Questerre, said, “We believe hydrogen will become a cornerstone of the emerging circular economy. As we move from near zero emissions responsible production of natural gas to the idea of zero emissions consumption, the technologies to capture the carbon emissions are essential.”
“ZEG Power has designed a one step process that produces hydrogen and captures the carbon dioxide with improved economics. We are studying how to incorporate it into our project in Quebec.”
Binnion continued, “The ZEG Power process produces zero emissions hydrogen and a pure stream of carbon dioxide that can be recycled to make other low emissions products including concrete, plastics, fertiliser, and other industrial feedstocks.”
“Any excess emissions can be permanently stored.”
ZEG Power’s goal is to offer a clean alternative for global energy production by creating an efficient production of clean hydrogen from hydrocarbon gases with integrated CO2 capture, based on the patented ZEG-technology.
Katherine Ryengen, CEO of ZEG Power, said, “Questerre’s Clean Tech Energy project in Quebec represents a unique opportunity for us to commercialise our technology in Canada.”
“We will build on the learnings from the engineering recently completed for our first plant at the CCB Energy Park in Kollsnes, on the west coast of Norway, where we expect production to commence in 2022.”
Subject to requisite corporate approvals, Questerre will have an exclusive right to the ZEG Power technology in Canada for a period of one year from the completion of the engineering with a right of first refusal in Canada thereafter.