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Global Energy Ventures (GEV) moves Tiwi H2 forward to NT EPA

31 Mar 2022 3:47 PM | Stephanie Berlin (Administrator)

This, the company says, allows an EPA referral attached to the project to be finalised with GEV confident it will be given the all-clear to get a start on its flagship hydrogen project. 

GEV continues to develop its patented compressed hydrogen vessel which will, eventually, become a crucial part of the logistics underpinning the viability of Tiwi H2. Midstream hydrogen transport helped along via the company's Gascoyne-based HyEnergy project. 

The company today reassured its investors it has "strong support" from the Munupi Landowners and Tiwi Plantation Corporation Board. 

Both bodies, it says, are in approval of an increase in the Tiwi H2 acreage; GEV is advancing environmental and engineering studies towards this end, including those to inform the development of a 2.8GW solar power installation and water desalination for electrolysis onsite. 

GEV also says it is continuing preliminary marketing strategies for its green hydrogen products. 

"GEV is advancing the design of its 2.8GW solar site and transmission line," GEV executive director Garry Triglavcanin said. 

It also says today its compressed hydrogen vessel is risk-free, and there are no issues preventing the ultimate classification of the vessel, allowing it to sail with the same freedom as normal LNG ships. 

GEV pivoted from CNG ships last year, which it had been progressing since 2017 when it bought a company with a patented ship design. 

While it signed a slew of memoranda of understanding with every jurisdiction from Iran—after Donald Trump came to power and reimposed sanctions—to Brazil, a firm deal that would securely finance building of the ships never made it across the line. 

Source: Energy News Bulletin

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