HZR hazer group limited

A new hydrogen industry in Gladstone?

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    With a good supply of LNG available and a deep water harbour, Gladstone might be a good place to have a Hazer processing plant.

    Either exporting hydrogen by sea or using it to power the aluminium smelter could be considered.

    The cost of powering the smelter is unsustainably high as is the emissions from the coal fired power station that provides the electricity.  A combination of renewable energy, hydrogen and some form of energy storage, could turn the industry around.

    "Gladstone has been exporting energy to Japan in the form of metallurgical and thermal coal and LNG for over six decades and with its magnificent deep water harbour and massive 27,500ha State Development area, is well positioned to supply Japan's future hydrogen needs," Mr Shorten said."

    https://www.gladstoneobserver.com.a...to-push-cq-hydrogen-after-gladstone-/3379121/

    "Gladstone’s Boyne Smelters will cut production and be forced to reduce jobs because of unsustainably high power prices.
    In response to elevated electricity prices in Queensland over a sustained period, BSL is in the process of reducing production by approximately eight per cent by progressively dropping up to 80MW of power from its production circuit.
    Around 85 per cent of BSL’s electricity requirements are provided by a long-term contract with Gladstone Power Station. The remaining 15 per cent is currently supplied via the spot market."

    http://www.boynesmelters.com.au/17/...production-for-the-second-time-in-three-years
 
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