Real Energy pursuing hydrogen through new subsidiary

Real Energy Corporation will assess the commercial viability of building, owning and operating a hydrogen fuel plant in Queensland, Australia through a new subsidiary.

Pure Hydrogen Corporation has been established to undertake a detailed scoping study and the new subsidiary has already made progress earmarking two potential sites in Queensland to establish a large-scale hydrogen plant.

According to Real Energy, the plant would have a minimum annual production capacity of 36 million kilograms – enough to power 240,000 Hyundai Nexo’s for a year.

Potential project sites are being reviewed in the Surat Basin, adjacent to Real Energy’s existing 50% owned Project Venus CSG project, as well as another site near Gladstone.

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