This ASX minnow reckons it can crack the hydrogen export challenge

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Some experts question whether green hydrogen can be a big Aussie export industry. Provaris is hoping it can be done, but there are limits.

late last year when he suggested that shipping hydrogen long distances was potentially just as harmful to the climate as burning natural gas.– produced with renewable energy – as the short-cut to a net zero future, and to a new and booming export industry.

Lurking in the shadow of Forrest and other hydrogen-export plays, there’s another Australian company – one that almost never makes the news – which is plotting a different way to get the green hydrogen export dream off the drawing board. To map that onto an atlas: from northern Australia, the H2Neo makes it about as far as Singapore or just beyond – an important market, but not necessarily a huge one.

That would suit the short-haul nature of Provaris’ technology. Now, the company just has to get the ships on the water. The company doesn’t see the H2Max reaching the shipbuilding phase until 2026, with the vessels getting seaborne in 2030 – around the same time as north-east Asian demand might really fire up.

 

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