May 20, 2020

Real Energy eyes large-scale hydrogen opportunities

Real Energy eyes large-scale hydrogen opportunities

A new Real Energy subsidiary has earmarked sites in the Surat Basin and near Gladstone for a potential large-scale hydrogen fuel plant.

Pure Hydrogen Corporation was established to undertake a detailed scoping study to assess the commercial viability of building, owning and operating a hydrogen fuel plant in Queensland.

It is considering a hydrogen fuel plant with a minimum annual production capacity of 36 million kilograms.

Real Energy says its Board has been assessing the opportunities for hydrogen following publication of the Federal Government’s road map for Australia’s National Hydrogen Strategy in November 2019.

Potential project sites are being reviewed in the Surat Basin, adjacent to the Venus CSG project – which Real Energy holds a 50 per cent stake in, as well as the Gladstone area.

“For some time our Board has been assessing the options for establishing a dedicated entity to assess opportunities to build a large-scale hydrogen fuel plant in Queensland,” Real Energy managing director Scott Brown said.

“The Queensland government has shown its commitment to supporting the development of large energy projects and this is also the case for renewable energy projects – the $2 billion lithium-ion battery cell gigafactory in Townsville being developed by Imperium3 is one such example.

“With the Federal Government also committed to this sector, we believe our investment and commitment to these scoping studies is appropriately timed and we see enormous potential to develop a hydrogen industry in Australia.”

The two main ways of making hydrogen are through processing natural gas or through converting water to hydrogenthrough a process known as electrolysis.

Real Energy says its existing gas resources could be utilised to provide gas
feedstock for a natural gas to hydrogen plant. Additionally, the waste water from dewatering the coal seam gas field of Project Venus could be used to produce hydrogen.

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