H2SITE and Gold Hydrogen sign a MoU to develop a natural hydrogen plant in Australia.
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White, natural or geological hydrogen is naturally occurring or present in the earth's crust and represents a primary source of energy with no carbon footprint. Although it holds great potential for decarbonisation by significantly reducing current hydrogen costs, the technology still requires development. Natural hydrogen deposits are being explored in France, the US and Australia, where H2SITE has signed a MoU with Gold Hydrogen for a pilot plant on the Yorke Peninsula in South Australia. Using H2SITE's membrane separation technology, the plant is looking to recover more than 95% of the available hydrogen, while separating valuable co-products such as Helium. The project on the Yorke Peninsula represents a major step forward in the field of natural hydrogen, with one of the first wells showing unprecedented levels of H2 concentration. This collaboration is a further step towards speeding up decarbonisation and the future use of natural hydrogen as a sustainable energy source. Source: Business Wire |
