The OGM Interactive Canada Edition - Summer 2024 - Read Now!
View Past IssuesIn a groundbreaking move set to transform the renewable energy landscape, Climate Impact Corporation (CIC) has announced a collaborative venture with GE Vernova’s Power Conversion business. The partnership aims to co-develop state-of-the-art green hydrogen production modules with a bold objective: achieving a production cost of just $2 per kilogram of green hydrogen. Supported by engineering firm Worley, this ambitious project promises to reshape the future of sustainable energy.
The collaboration between CIC and GE Vernova focuses on the development of off-grid modular green hydrogen production technology. These innovative modules will be integral to CIC’s flagship project, Green Springs, a massive $10 billion initiative in Australia’s Northern Territory. With an anticipated deployment of 2,150 modules, Green Springs is expected to produce over 500,000 tonnes of hydrogen annually, generating an estimated AUD$1 billion per year.
Each module will operate independently using intermittent renewable energy sources, without relying on the traditional electricity grid or local water supplies. This approach not only reduces carbon intensity but also ensures sustainability in water-stressed regions.
David Green, Chairman of CIC, expressed his excitement about the partnership with GE Vernova. “CIC is thrilled to work closely with GE Vernova, a leader in decarbonization, on this transformative project,” said Green. “This collaboration could be pivotal in our efforts to achieve low carbon intensity hydrogen production.”
The modular design of these production units paves the way for cost-effective green hydrogen production in optimal solar locations worldwide. Green Springs will serve as a model, demonstrating that large-scale renewable hydrogen can be produced efficiently in arid environments, without tapping into local water resources.
“Our goal is to show that hydrogen can be sustainably produced at scale, even in challenging environments, while pushing production costs down to a competitive $2 per kilogram,” Green added. “This agreement with GE Vernova aims to redefine traditional hydrogen production, making it more sustainable and economically viable.”
Olivier Jamart, Executive Director for Microgrids at GE Vernova’s Power Conversion business, highlighted the importance of innovative approaches in achieving the ambitious cost targets for green hydrogen. “Reaching a $2 per kilogram production price requires disruptive innovation,” Jamart stated. “GE Vernova’s extensive expertise in power electronic systems and energy management equips us to support CIC’s mission effectively.”
GE Vernova’s experience in both AC and DC coupled power systems, coupled with their energy management system expertise, ensures a focus on efficiency, availability, and maintainability. This technological prowess is crucial for the success of the Green Springs project and its goal of cost-competitive green hydrogen production.
As the development of Green Springs’ Balance of Plant phase progresses, the project is attracting significant interest. This attention underscores the potential for modular green hydrogen technology to be deployed in similar climates globally, unlocking new generation capacities for the energy sector and energy-intensive businesses.
“The potential for green hydrogen to contribute to global decarbonization is immense,” Green emphasized. “However, the key challenge remains reducing production costs without compromising sustainability. This partnership, through the deployment of modular technology at Green Springs, aims to address this challenge, demonstrating that flexible, scalable, and environmentally considerate production is achievable.”
The Green Springs project not only aims to make green hydrogen production cost-effective but also strives to align with the principles of social responsibility. By considering and building around the local environment, the project aims to set a new standard for sustainable energy initiatives.
“Communities are increasingly looking for energy projects that respect and integrate with the local environment,” Green said. “This agreement with GE Vernova represents a significant step towards achieving this, showcasing that green hydrogen production can be both economically and environmentally sustainable.”
Source: www.cic-hydrogen.com
Did you enjoy this article?