Global Energy Ventures (ASX: GEV) has begun the HyEnergy feasibility study after engaging three consultants to evaluate the export of green hydrogen using compressed hydrogen shipping technology from Province Resources’ (ASX: PRL) HyEnergy project in Western Australia’s Gascoyne region.
Engineering firm WSP has been appointed as project lead, and will be responsible for technical and commercial assessment.
Environmental specialist ERM will focus on defining risks, constraints, and the path to environmental approvals.
And maritime consultant Oropesa will manage the offshore terminal design and Gascoyne shipping operations.
The study aims to demonstrate the technical feasibility and commercial advantages of using Global Energy’s compressed hydrogen (CH-2) shipping solution on the HyEnergy project.
The scope will include the integration of the project’s proposed green hydrogen production facility with an onshore compression facility and offshore mooring and loading system, as well as the operation of a fleet of CH-2 ships for transport to nominated markets in the Asia-Pacific region.
Global Energy managing director Martin Carolan said the appointments mark a key step in preparing for the study.
“We have appointed a group of leading consultants with specialist experience to assist with the completion of [the] first feasibility study for hydrogen export using our proprietary marine supply chain,” he said.
“The HyEnergy project is being positioned to be the first export project of green hydrogen from a greenfield site in WA.”
Renewable power facility
The HyEnergy project is focused on the development of an 8 gigawatt renewable power facility and downstream hydrogen plant.
In August, Global Energy entered into an agreement with project partners Province Resources and independent French renewable company Total Eren to undertake a feasibility study on the export of green hydrogen.
Mr Carolan said the project is “well suited” for compressed hydrogen shipping given its proximity to the coast and to multiple Asia Pacific markets which may have a future requirement for imported hydrogen.
Earlier today, the company announced it had received approval in principle for its pilot-scale, 430-tonne CH-2 ship from the American Bureau of shipping.