Hazer Group Teams With FortisBC To Develop Hydrogen Facility In Canada

Hazer Group Ltd (ASX: HZR) and FortisBC Energy have agreed to develop a hydrogen production facility in Canada, utilising Hazer’s proprietary technology.

The project, to be based in British Columbia, comprises a Hazer production facility with a design capacity of up to 2,500 tonnes per annum (tpa) of clean hydrogen and ~9,500 tpa of Hazer graphite.

This will be a scale-up of 25 times on Hazer’s commercial demonstration plant in Western Australia.

First commercial-scale plant

The Canadian project is planned as Hazer’s first commercial-scale plant to produce low-cost, low-emissions hydrogen and graphite.

Leading Canadian energy utility, FortisBC, will lead the development of the project as well as supply the natural gas feedstock to the project.

FortisBC intends to sell the hydrogen from the facility to industrial customers in the Vancouver region.

This will help support British Columbia’s CleanBC Roadmap to 2030, the province’s emissions reduction target strategy.

Demonstration plant continues to deliver

The agreement follows the successful startup of Hazer’s commercial demonstration plant in Western Australia earlier this year.

The ongoing performance test program at the plant continues to deliver results in line with expectations.

Meanwhile, Hazer continues to progress other global projects with existing partners such as Engie, Chubu Electric and Chiyoda Corporation.

Development plan

With the initial phase of the Front-End Engineering and Design (FEED) study, carried out by Wood Plc, now complete, the main components of the design basis for the 2,500 tpa plant are in place to enable the project to progress into the next phase of development.

Once the selection of the new project site is finalised, the FEED study will be refined and completed to reflect the integration of the new project location.

Moving forward, the fully integrated FEED study is targeted for completion in late 2024.

This will form the basis for submitting the project application to the regulator in 1H 2025.

Critically, the Final Investment Decision (FID) window is targeted as early as mid-2025.

 

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