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Australian turquoise hydrogen pilot passes ten-day mark of continuous 24/7 operation
Developer Hazer Group plans commercial launch of H2 technology this year
Hazer's commercial demonstration plant near Perth, Western Australia.
Hazer's commercial demonstration plant near Perth, Western Australia.Photo: Hazer Group
Polly Martin
Senior Reporter
Published 9 August 2024, 08:56
Australian turquoise hydrogen developer Hazer Group has announced that its commercial demonstration plant has passed ten days of continuous round-the-clock operation, a milestone which unlocks its next tranche of government funding and adds to its case for launching the technology to the market this year.
Like incumbent “grey” hydrogen, turquoise H2 is produced from natural gas feedstock. However, while grey hydrogen is generated by splitting methane with steam, resulting in CO2 emissions, turquoise H2 is made via methane pyrolysis, which splits apart the molecule with heat in the absence of air, resulting in only solid carbon as a byproduct.
Depending on the region, gas as a feedstock can be much cheaper than the electricity needed to run electrolysis for green hydrogen production.
Daniel Fraile, chief policy and market officer at Hydrogen Europe
Related
Turquoise hydrogen is the cheapest clean H2 production pathway in Europe today: trade body
Meanwhile, byproduct carbon could be sold as graphite to existing markets, offsetting the cost of production and making turquoise H2 theoretically one of the cheapest low-carbon hydrogen production pathways — although some critics have questioned whether the market for solid carbon is big enough to absorb a lot of extra supply.
Hazer started producing hydrogen and solid carbon at its pilot project near Perth, Western Australia, in January this year, which uses biomethane from an adjacent wastewater treatment plant (ie, from sewage sludge) as a feedstock to make around 100 tonnes of H2 and 380 tonnes of synthetic graphite a year.
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The ten days of continuous operation was one of the key milestones that the plant had to pass in order for the developer to access its next tranche of public funding from January next year via the Australian Renewable Energy Agency, which had allocated A$9.41m ($6.2m) in total.
Hazer’s commercial demonstration plant has been expected to cost A$23m-25m.
The Hazer process works by heating methane to about 900°C inside a fluidised bed reactor in the presence of sand-like particles of iron ore, but no air (which prevents the formation of CO2). This high-temperature heat turns the iron ore into nanoparticles, and the methane decomposes into hydrogen and graphite, the latter of which forms on the surface of the nanoparticles.
A Molten Industries reactor that cracks methane, in the absence of air, into hydrogen and solid carbon.
Related
US Steel and Bill Gates-backed start-up announce pilot clean steel project with integrated turquoise hydrogen production
The resulting powder is 80-95% graphite, which can then be separated and sold to existing markets for this type of solid carbon such as lithium-ion battery production.
Hazer announced that during the ten days of continuous operation, it saw “stable and reliable solids separation from product gas stream” and “operational reliability with process uptime above target” of 97.5%.
Hycamite's team at the launch of construction for its turquoise hydrogen facility at the Kokkola Industrial Park.
Related
Construction begins at Europe’s largest turquoise hydrogen facility
However, it noted that it still has to optimise current operations in order to produce “commercially representative” graphite, which would have to undergo quality verification prior to distribution to industrial partners for large-scale testing and analysis.
Hazer also highlighted four existing commercial projects with South Korean conglomerate POSCO, a consortium of Japanese firms Chubu Electric and Chiyoda, French energy company Engie, and Canadian utility FortisBC, noting that it still plans to “declare commercial readiness” for its technology this year.
ABOUT HAZER GROUP LTD
Hazer Group is an Australian technology company, driving global decarbonisation efforts with the commercialisation of the
company’s disruptive world-leading climate-tech. Hazer’s advanced technology enables the production of clean and
economically competitive hydrogen and high-quality graphite, using a natural gas (or biogas) feedstock and iron-ore as the
process catalyst.
FIRST PAYMENT FOR ENGINEERING SERVICES FOR THE
BRITISH COLUMBIA PROJECT
Highlights:
• First payment received for engineering services provided by Hazer to advance FortisBC Energy Inc (“FortisBC”)
British Columbia, Canada project.
PERTH, AUSTRALIA; 20 September 2024: Hazer Group Ltd ("Hazer" or "the Company") (ASX: HZR) announces
receipt of first monies for engineering services provided by Hazer to FortisBC’s British Columbia, Canada project
(“BC Project”).
As announced on 6 May 2024, Hazer and FortisBC entered into a binding Project Development Agreement (“PDA”)
to pursue the development of a hydrogen production facility in British Columbia based on Hazer’s technology and
with a design capacity of up to 2,500 tonnes per annum (“tpa”) of clean hydrogen. Under the terms of the PDA,
Hazer is to receive ongoing payment for Early Project Development Work associated with leading engineering
activities relating to the core Hazer technology components.
Expected total payment under the service agreement is anticipated to be more than A$1.8 million depending on
final scope of work incurred. Hazer is pleased to advise first payment of ~A$393k reflecting work performed to date
has been received under this arrangement. Payments will occur each month from now until Final
Investment Decision.
Hazer CEO Glenn Corrie said, “First payment for engineering services for the BC Project signifies FortisBC’s
commitmeidnt of their Hazer-enabled project in British Columbia. We value their strong collaboration with the
Hazer team as we work together towards achieving a successful FEED outcome. Further, this commercial progress
demonstrates our business model maturity and is indicative of how we expect to be reimbursed for client projects
through their FEED activities, enabling Hazer to support these activities in a commercially viable and sustainable
manner. This is one of many recent milestones that is progressing the commercialisation of the Hazer process and
supporting our growth strategy globally.”
[ENDS]
This announcement is authorised for release by the Board of the Company.
For further information or investor enquiries, please contact:
Corporate Enquiries
Hazer Group
Email: contact@hazergroup.com.au
Phone: +61 8 9329 3358
Media enquiries
WE Communications – Hannah Howlett
Email: HHowlett@we-worldwide.com
Phone: +61 4 5064 8064
ABOUT HAZER GROUP LTD
Hazer Group is an Australian technology company, driving global decarbonisation efforts with the commercialisation of the
company’s disruptive world-leading climate-tech. Hazer’s advanced technology enables the production of clean and
economically competitive hydrogen and high-quality graphite, using a natural gas (or biogas) feedstock and iron-ore as the
process catalyst.
Hazer Group Limited - Social Media Policy
Hazer Group Limited is committed to communicating with the investment community through all available channels. Whilst
ASX remains the prime channel for market-sensitive news, investors and other interested parties are encouraged to follow
Hazer on X (Twitter) (@hazergroupltd), LinkedIn, Facebook, and YouTube. Subscribe to HAZER NEWS ALERTS - visit our website
at www.hazergroup.com.au and subscribe to receive HAZER NEWS ALERTS, our email alert service. HAZER NEWS ALERTS is the fastest way to receive breaking news about @hazergroupltd.
Hazer Group Limited is an Australia-based technology company, driving global decarbonization efforts with the commercialization of its disruptive climate-tech. The principal activity of the Company is the research and development of hydrogen and graphitic carbon production technology. The Company’s advanced technology enables the production of clean and economically competitive hydrogen and graphite, using a natural gas (or biogas) feedstock and iron-ore as the process catalyst. The Company has intellectual property rights to a technology (the Hazer Process), which enables the production of hydrogen gas from the thermo-catalytic decomposition of methane (natural gas) with low carbon dioxide emissions and the co-production of a high-purity graphite product. The Company's markets include industrial hydrogen, hydrogen mobility and synthetic graphite. It has facilities, including a research and development lab and a fluid bed reactor pilot plant.
Pepé Le Pew
DOE OCED National Briefing: Regional Clean Hydrogen Hubs Selections
DOE OCED National Briefing: Regional Clean Hydrogen Hubs Selections
U.S. National Clean Hydrogen Strategy and Roadmap
U.S. National Clean Hydrogen Strategy and Roadmap
Commission announces €1.2 billion for second Hydrogen Bank auction budget
https://hydrogeneurope.eu/commission-announces-e1-2-billion-for-second-hydrogen-bank-auction-budget/
Press release 30 April 2024 Brussels 3 min read
European Hydrogen Bank auction provides €720 million for renewable hydrogen production in Europe
Today, the Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank. The funds for this auction come from the revenues of the EU Emissions Trading System. The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge the price difference between their production costs and the market price for hydrogen, which is currently driven by non-renewable producers. The European Hydrogen Bank is therefore contributing to the scale-up of cleaner fuels which will contribute to the decarbonisation of European industry. The renewable hydrogen they produce will be used in sectors such as steel, chemicals, maritime transport and fertilisers.
The 7 selected projects were the winners of an oversubscribed auction which attracted 132 bids in total. Together, the winning bidders plan to produce 1.58 million tonnes of renewable hydrogen over ten years, avoiding more than 10 million tonnes of CO2 emissions. The selected projects are located in 4 European countries. They submitted bids between €0.37 and €0.48 per kilogram of renewable hydrogen produced, and also met the other qualification requirements. The subsidy the 7 projects will receive ranges from €8 million to €245 million.
These are the selected projects:
Table
In addition, through the new “Auctions-as-a-service” mechanism, €350 million in national funding has been made available by Germany for the highest ranked projects in Germany which did not qualify for EU-level support, but which do meet the eligibility criteria. The German authorities will select and communicate the winning projects. The “Auctions-as-a-service” scheme is open to all Member States, enabling them to benefit from the EU-level auction platform and award national funding to additional projects. The Commission invites other Member States to take advantage of this service for future auctions.
Next Steps
The seven selected projects will now start preparing their individual grant agreements with the European Climate, Infrastructure and Environment Executive Agency (CINEA). These agreements are expected to be signed by November 2024 at the latest.
Selected projects will have to start producing renewable hydrogen within a maximum of 5 years after signing the grant agreement. They will receive the awarded fixed premium subsidy for up to 10 years for certified and verified renewable hydrogen production.
The Commission plans to launch a second European Hydrogen Bank auction by the end of this year. It will draw on the lessons learned from this pilot auction and also further consult stakeholders before launching the next auction.
Background
The Innovation Fund is the EU's largest funding programme for the deployment of innovative net-zero technologies, with an estimated budget of €40 billion from the revenues of auctioning allowances under the EU Emissions Trading System between 2020 and 2030.
The European Hydrogen Bank, announced by President von der Leyen in her State of the European Union address in 2022, is an initiative to facilitate the EU's domestic production and imports of renewable hydrogen. It aims to unlock private investment in the EU and in third countries by addressing investment challenges, closing the funding gap and connecting future renewable hydrogen supply to consumers.
The first auction of the European Hydrogen Bank received 132 bids from 17 European countries requesting over 15 times the available €800 million budget. 119 proposals were found to be eligible and admissible, and were then ranked according to their bid price, and evaluated by the European Climate, Infrastructure and Environment Executive Agency (CINEA). The bids submitted ranged from €0.37 to €4.5 per kilogram of renewable hydrogen produced.
European Hydrogen Bank
The Hydrogen Bank is a financing instrument to accelerate the establishment of a full hydrogen value chain in Europe.
Promoting renewable hydrogen import
In 2022, the Commission launched the European Hydrogen Bank to create investment security and business opportunities for European and global renewable hydrogen production. It is not designed to be a physical institution, but is a financing instrument, run internally by European Commission services.
Objective
The main objective of the facility is to unlock private investments in hydrogen value chains, both within the EU and globally, by connecting renewable energy supply to EU demand and addressing the initial investment challenges.
The European Hydrogen Bank will establish an initial market for renewable hydrogen, offering new growth opportunities and jobs.
https://energy.ec.europa.eu/topics/energy-systems-integration/hydrogen/european-hydrogen-bank_en
Good time to be starting up a Gold Mill, not to mention a Gold Mine as well ....22 hours 'til the Open
Too bad iHub wouldn't show # of views
No need to abolish anything...how 'bout we start with getting rid of corruption....as in unlimited donations from multi-national corporations, the super rich and SuperPacs....there used to be a limit
Maybe between now and 2028 we can see if the good ol' US of A should look at Election Reform....I can think of one big one , that is so obvious....
Sorry Jack but Google says you're wrong (again)....beginning to think you have an agenda besides being a voyeur. of course
You might want to proof read your post before you send it
Hopefully the Trump base isn't as big as we fear....the violent minority...(is there such a phrase?)
" but the market looks ugly next week.".....why do you say that??
Seems to be locked in a pretty tight trading range....good luck....and has anyone else noticed that the last 7 of 8 news releases have been at 8:15 AM....not sure how they do that
This here ain't a one trick pony, Jack, but thanks for your concern....and besides all that, you know you're wrong
Sorry 'bout that GDOG but I didn't realize that it was your last post here today...(sanctions)
Even tho you admitted you neither like nor trust him you will vote for him??
What'll It Be?
Paulie's Pixel Palace
But he was so dreamy....
Paulie's Pixel Palace
Now this....and it's not a Paulie Cashews pic this time....
Business
Trump debuts exclusive silver coin—designed by Trump, minted in America
$30 of silver for only $100
https://static.cryptobriefing.com/wp-content/uploads/2024/09/21105144/Trump-silver-coin-new.jpg
As I've said before sometimes it's good to have a meathead as the opposition such that people will do the right thing and vote against him
I'm hoping this "close race" that the media keeps talking is just that "Talk" to sell advertising....apparently some Professor in the East USA who called it right in 2016 has stated that this time the idiot will lose in a landslide....think how that could translate for the Dems in the senate and the house to get some much needed changes made
It boggles my mind that any American would trust a person like Trumf , who bankrupted 6 times, to run a company., let alone to run the government...and would you trust him alone in a room with your 15 year old daughter...a man who has been convicted of rape with 56 other criminal convictions for essntiall cheating in business.
I was wrong about GW Bush getting a second term...yet it happened....I hope we have the sense to keep Herr Trump and his teams of yes-men away from Washington DC....far far away
I haven't been in this as long as some here but I'm very happy with the potential and I trust Ron is trying to generate the best outcome possible...
if we put ourselves right in the middle of the next wave of eco fuels ...and with some luck , confidence and essential funding we could all win
I think RONN would like to succeed as much as anyone
Well almost everyone....there are some that follow the stock with JOLO as their reward, that celebrate Loss
I just had a moment, an epiphany, if you will...stock naysayers are like voyeurs, living their lies and lives through the experiences here of real retail stock traders....they don't dare do it themselves but prefer to watch and experience the joy of a good trade through others, afraid of getting hurt and fearful of risk to themselves....Peeping Toms
Yes indeed glad I'm init and hopefully at least one of these beauties will pop
Why do folks think RONN should do an S1 and get SEC into our biz ? Don't some companies like being on the OTC ?
The Choice is obvious
False or misleading statements by Donald Trump
From Wikipedia, the free encyclopedia
Fact-checkers from The Washington Post[1] (top, monthly), the Toronto Star[2] and CNN[3][4] (bottom, weekly) compiled data on "false or misleading claims", and "false claims", respectively. The peaks corresponded in late 2018 to the midterm elections, in late 2019 to his impeachment inquiry, and in late 2020 to the presidential election. The Post reported 30,573 false or misleading claims in four years,[1] an average of more than 20.9 per day.
During and after his term as President of the United States, Donald Trump made tens of thousands of false or misleading claims. The Washington Post's fact-checkers documented 30,573 false or misleading claims during his presidential term, an average of about 21 per day.[1][5][6][7] The Toronto Star tallied 5,276 false claims from January 2017 to June 2019, an average of 6 per day
https://en.wikipedia.org/wiki/False_or_misleading_statements_by_Donald_Trump
Trump was charged with falsifying business records in the first degree.
Invoices for legal services
Guilty on 11 of 11 charges
Checks paid for legal services
Guilty on 11 of 11 charges
Ledger entries for legal expenses
Guilty on 12 of 12 charges
Count Verdict Business record Date
1 Guilty Invoice from Michael Cohen, marked as a record of the Donald J. Trump Revocable Trust Feb. 14, 2017
2 Guilty Entry in the Detail General Ledger for the Donald J. Trump Revocable Trust, bearing voucher number 842457 Feb. 14, 2017
3 Guilty Entry in the Detail General Ledger for the Donald J. Trump Revocable Trust, bearing voucher number 842460 Feb. 14, 2017
4 Guilty Check and check stub, Donald J. Trump Revocable Trust Account, bearing check number 000138 Feb. 14, 2017
5 Guilty Invoice from Michael Cohen, marked as a record of the Donald J. Trump Revocable Trust March 16, 2017
6 Guilty Entry in the Detail General Ledger for the Donald J. Trump Revocable Trust, bearing voucher number 846907 March 17, 2017
7 Guilty Check and check stub, Donald J. Trump Revocable Trust Account, bearing check number 000147 March 17, 2017
8 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump April 13, 2017
9 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 858770 June 19, 2017
10 Guilty Check and check stub, Donald J. Trump account, bearing check number 002740 June 19, 2017
11 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump May 22, 2017
12 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 855331 May 22, 2017
13 Guilty Check and check stub, Donald J. Trump account, bearing check number 002700 May 23, 2017
14 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump June 16, 2017
15 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 858772 June 19, 2017
16 Guilty Check and check stub, Donald J. Trump account, bearing check number 002741 June 19, 2017
17 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump July 11, 2017
18 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 861096 July 11, 2017
19 Guilty Check and check stub, Donald J. Trump account, bearing check number 002781 July 11, 2017
20 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump Aug. 1, 2017
21 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 863641 Aug. 1, 2017
22 Guilty Check and check stub, Donald J. Trump account, bearing check number 002821 Aug. 1, 2017
23 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump Sept. 11, 2017
24 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 868174 Sept. 11, 2017
25 Guilty Check and check stub, Donald J. Trump account, bearing check number 002908 Sept. 12, 2017
26 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump Oct. 18, 2017
27 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 872654 Oct. 18, 2017
28 Guilty Check and check stub, Donald J. Trump account, bearing check number 002944 Oct. 18, 2017
29 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump Nov. 20, 2017
30 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 876511 Nov. 20, 2017
31 Guilty Check and check stub, Donald J. Trump account, bearing check number 002980 Nov. 21, 2017
32 Guilty Invoice from Michael Cohen, marked as a record of Donald J. Trump Dec. 1, 2017
33 Guilty Entry in the Detail General Ledger for Donald J. Trump, bearing voucher number 877785 Dec. 1, 2017
34 Guilty Check and check stub, Donald J. Trump account, bearing check number 003006 Dec. 5, 2017
Source: New York State Unified Court System
Credit: Hilary Fung/NPR
Eventually you just have to make up your mind about who it is that you would trust running the country....for most it is a no-brainer
No.