Lochard is proposing to develop the H2RESTORE Project, which aims to commercialise the storage of hydrogen in existing depleted gas reservoirs.
Large scale underground hydrogen storage may assist in a reduction in the cost of producing hydrogen by utilising low-cost electricity, likely generated during times of high renewable generation and low demand.
This Project received funding from the Australian Renewable Energy Agency (ARENA) as part of ARENA’s Advancing Renewables Program.
The views expressed herein are not necessarily the views of the Australian Government, and the Australian Government does not accept responsibility for any information or advice contained herein.