GLOBAL Energy Ventures (GEV) has provided an update on the feasibility study underway to demonstrate the technical and commercial advantages of compressed hydrogen as a preferred export carrier for the Hyenergy Project.

The HyEnergy Project is a potential renewable green hydrogen project that is located in Western Australia’s Gascoyne Region, in the north west of Western Australia.

The project design phase has been completed by lead consultant WSP, with engineering workstreams to commence in early January 2022. There are four workstreams in total, with completion scheduled for the June quarter of 2022.

A feasibility funding contract with the WA government has been executed, with GEV to submit its first milestone report in December for release of the first tranche of grant funding.

The HyEnergy project partners, with the assistance of GEV, have also supported the launch of the Gascoyne Technology & Innovation Cluster, one of three new regional hydrogen clusters that will operate across a national network established by NERA, a federally funded NFP working to support Australia’s energy transition.

The application process was led by Province Resources with the assistance and support of project and community stakeholders.

Minister for industry, energy and emissions reduction, Angus Taylor said, “These new clusters are great for the people of Townsville, Gascoyne and the Midwest regions as they will help accelerate hydrogen industry development by enabling vital connection, collaboration, and alignment of action across Australia.

“Encouraging innovation, and building capabilities, particularly in regional Australia, will help make Australian hydrogen supply chains the most attractive in the world.”