Global Energy Ventures (GEV) notes that a recent study has proved it can deliver an emission free compressed hydrogen (C-H2) supply chain.
As GEV says, the study shows that its C-H2 supply chain could provide a large-scale marine hydrogen transport solution up to 4,500 nautical miles.
This solution aims to provide an energy efficient supply chain for export volumes ranging between 50,000 and 400,000 tonnes of green hydrogen per year, produced from renewable power and electrolysis.
In addition, according to GEV, C-H2 could potentially provide a zero-emission supply chain for green hydrogen to be produced in Australia for markets in the Asia-Pacific area.ation with Ballard Power systems to develop a hydrogen fuel cell system for GEV’s compressed hydrogen ship.
Based on the findings of the survey, GEV believes that it can quicky develop the C-H2 ship and supply chain to the next phase.
In fact, after a recent $6.3 million placement, GEV says it’s in a good financial position to advance the C-H2 program for 2021.