Hexagon Energy Materials is now fully funded to complete the Pre-Feasibility Study and drilling at the Pedirka Blue Hydrogen Project in the Northern Territory.
Hexagon aims to produce the blue hydrogen required to support the conversion to clean energy economies over the coming decades.
The plan is to convert the underground coal resource to hydrogen for export and domestic markets.
With its proximity to existing oil and gas infrastructure offering advantages for large scale hydrogen production, the company will use a zero-carbon emissions steam reformation process to produce clean hydrogen.
Carbon dioxide emissions will be captured and sequestered underground or used for enhanced oil recovery projects.
Hexagon has commenced the Pre-Feasibility Study in partnership with Technip Energies.
The scope of the PFS covers all aspects of the project business case from coal feedstock extraction through transport of product to port.
A number of targeted studies have been prioritised including construction strategies, water supply, finalisation of technology and power for the facility—including renewable energy options.
