Green Hydrogen International and INPEX Corp. sign agreement

GHI's low-cost model of producing green hydrogen utilising salt cavern storage and behind-the-metre renewable power aims to solve the cost and scale challenges of green hydrogen production. With INPEX's expertise in developing large scale energy projects around the world and experience marketing LNG to international customers, the companies' partnership aims to develop one of the world's largest production and export hubs with the most cost-competitive green hydrogen in the world.

"GHI is honoured to be partnering with INPEX on our hydrogen city project. Their expertise in large energy project development combined with a marketing organisation will provide enormous advantages to the hydrogen city project and our goal of producing the world's lowest-cost green hydrogen by 2029," says Brian Maxwell, CEO of GHI.

Phase 1 of the hydrogen city project is planned to produce 280 000 tpy of green hydrogen, which will be used to produce 1 million tpy of green ammonia for export. Additional volumes of green hydrogen will be available for local customers. The project will be powered by 3.75 GW of behind-the-metre renewable energy and utilise salt storage to balance out the daily and seasonal intermittency of renewable energy. Construction is planned to start in 2026 with commercial operation planned for 2029. The partners plan to expand the project with additional phases as customer demand grows.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/13102023/green-hydrogen-international-and-inpex-corp-sign-agreement/