Around 60,000 tonnes of green hydrogen could be produced in the Gascoyne region of Western Australia as part of a new project unveiled this week.
Dubbed the HyEnergy Project, it was revealed by exploration firm Province Resources as part of an acquisition and proposes to generate 1GW of renewable energy to produce the green hydrogen, or approximately 300,000 tonnes of green ammonia.
Province Resources said it plans to acquire seven exploration licence applications in the Gascoyne region from Ozexco.
Chairman David Frances, who will assume the role of Managing Director, said, “This is the other side of the decarbonisation coin – while some environmentally conscious cmpanies are addressing the electrification of transport and storage of renewable energy, Province is aiming to address the decarbonisation of heavy transport and industry through the production of zero carbon hydrogen products.”
Gavin Rezos commented, “Western Australia has all the attributes required to be a world class producer of green hydrogen utilising renewable energy sources and Carnarvon is the most ideal area to make the best advantage of those attributes.”
“Green hydrogen will be an increasingly important future energy source, developing alongside the lithium industry.
“Rapid advances in hydrogen fuel cells are now demonstrating that green hydrogen will have a major role to play in the areas of mass transport, shipping, trucking, and eventually in homes, helping the world reach targets of being net zero carbon by 2050.”