Fusion Fuel has signed a Heads of Agreement with Ampol, to build a sustainable hydrogen production plant at the Lytton oil refinery in Brisbane.
While there are little information on the project, it has been revealed that it would use Fusion’s GreenGas technology, which is a solar-to-hydrogen power plant that combines concentrated PV (CPV) solar modules with the company’s HEVO technology, a tiny polymer electrolyte membrane (PEM) electrolyzer.
According to Reuters, the hydrogen production test will be tiny, producing only 1.5 tonnes of hydrogen per year from ten units. From the oil product naphtha, Lytton already produces 30 tonnes of hydrogen each day.
Fusion Fuel chairman Jeffrey Schwarz Fuel claims that the technology allows renewable hydrogen to be produced at costs equivalent to fossil-fuel hydrogen.
The plant is projected to be operational within the next 12 months, and if successful, will lay the foundation for cooperative ventures to investigate renewable hydrogen potential in the region.
Fusion’s statement comes after Ampol announced this week that it would spend at least $100 million over the next five years on new fuels, including renewable hydrogen and more EV charging alternatives.
The company’s renewable strategy also calls for using 50 percent equivalent net renewables by 2030 and achieving net-zero carbon emissions by 2040. It will also collaborate with Tesla and Enerven to test a virtual power plant.