Hydrogen

A newly-launched New Zealand startup claims its catalyst layer technology reduces the amount of iridium and platinum needed for electrolysis by a factor of 25. The startup, a spinout from a research institute, has raised NZD 2.5 million ($2.3m/USD 1.55m) in a seed funding round.

Finance consultancy explains in a new report that the levelised cost of green hydrogen (LCOH) is well below USD 2/kg with subsidies. Using either PEM and alkaline electrolysers, green hydrogen normally has a lower levelised cost than pink hydrogen. Meanwhile, Australian authorities are trying to increase the competitiveness of the local hydrogen sector, and car companies are updating their fuel cell plans.

The federal government is increasing its investment in green hydrogen and low-emissions steel with $50 million in research and development funding to help progress the technologies as a new report warns that Australia must act quickly or risk being left behind in the race to become a renewable energy superpower.

South Australian technology company EntX has been granted a license to explore salt deposits along the western side of the Eyre Peninsula in South Australia for the purpose of hydrogen storage.

Canadian-headquartered clean energy firm Amp Energy has secured the rights to develop a green hydrogen project with up to 5 GW of electrolyser capacity on the Eyre Peninsula in South Australia. Amp has signed an agreement with iron ore miner Iron Road which owns the coastal site, including the Cape Hardy Port Precinct.

Seeking to commercialise hydrogen technology developed by the University of Western Australia, Perth-based Hazer Group has entered into a somewhat vague agreement with Japan’s Chubu Electric Power Company and engineering firm Chiyoda Corporation.

Norwegian consultancy Rystad Energy says that hydrogen pipelines will be “far better” than vessels at moving hydrogen over short- and medium-range distances in the years ahead.

Australia’s national science agency, the CSIRO, estimates the country could require a 10 to 14-fold increase in its electricity storage capacity between 2025-2050. It has released its energy storage report, forecasting demand in different sectors and summarising storage technologies.

The Kogan Renewable Hydrogen Demonstration Plant, which is expected to produce approximately 75 tonnes of green hydrogen annually from behind-the-meter solar energy, is nearing reality after CS Energy formalised its joint venture arrangements with ASX-listed gas company Senex Energy.

Rather than using solar or wind to power electrolysis, researchers are testing the competitiveness of photoelectrochemical cells to produce emissions-free hydrogen fuels.