Green hydrogen projects from Lion Energy and Gold Hydrogen are powering ahead sited in the Port of Brisbane and in rural South Australia.
Lion Energy has progressed its green hydrogen production and refuelling project in Brisbane and is now considering new joint venture partners for the project.
Meanwhile Gold Hydrogen has struck naturally occurring hydrogen more than 1,000 metres underground combined with helium at two exploratory wells drilled in its massive exploration tenements in regional South Australia.
Gold Hydrogen is Chaired by former foreign affairs minister Alexander Downer.
Lion has secured a lease to land at the Port of Brisbane where it plans its first hydrogen generation and refuelling hub, located close to major Brisbane bus depots.
The hub is expected to receive formal approval in Q1, 2024 and will initially produce 420kg/day of green hydrogen with the ability to rapidly double production as heavy vehicles begin to use the facility.
Lion Energy told investors that it was now in the due diligence phase with multiple prospective partners for the Brisbane project.
Lion said: “Our prospective partners have skills in power, renewable energy, transportation, large project execution and have strong balance sheets.”
Meanwhile Gold Energy announced it had found up to 86 percent natural hydrogen at its Ramsay 1 (pictured) and Ramsay 2 drill sites on Yorke Peninsula in SA.
Gold Hydrogen told investors: “The results of Ramsay 1 were very encouraging and warranted the immediate drilling of the nearby Ramsay 2 well.”
Gold and related companies hold exploration licenses on the Yorke Peninsula, on Kangaroo Island and the Fleurieu Peninsula south of Adelaide, and have applied for licenses covering much of the south-west of SA – hydrogen is known from these areas from historical drilling data.
Gold has signed two non-binding MOUs with Wasco Energy and H2Site for the parties to work collaboratively towards developing a proof of concept natural hydrogen and helium pilot project in the Ramsay project area.
Helium is a rarely found but valuable gas.
Picture: Gold Hydrogen/ struck natural hydrogen at over 1,000 metres