Ann: Research Studies Reinforce Benefits of Compressed Hydrogen, page-2

Sweet!

HIGHLIGHTS:
• Recent independent research studies reinforce the outcomes of Provaris’ 2023 Hydrogen Transport
Comparison Report announced to the ASX 22 May 2023.
• The publications identify global production of Green Hydrogen in 2023 projected to range from EUR
95 to 110/MWh (EUR 3.17 to 3.67/kg) with the most favorable production areas identified as Brazil
and Australia.
• The addition of conversion, marine transport and reconversion costs required by alternative vectors
to deliver green hydrogen to Europe increase the projected a cost range from EUR 6 to 7/kg for
Ammonia (NH3), Liquefaction (LH2), and Methanol (MeOH), and EUR 7 to 9/kg for liquid organics.
• Costs for green gaseous hydrogen delivered by proposed pipelines from Norway, Iberia, Northern
Africa and Eastern Europe delivered into mid-Germany projected at a cost range from EUR 4.8 to
5.8/kg.
• Provaris’ projected costs for green hydrogen produced from grid connected sites in Norway and
transported as compressed gaseous hydrogen into the H2 pipeline grid system in Germany can range
from EU 4.90 to 5.90/kg, on a comparative levelized cost of hydrogen basis. This includes renewable
PPA, H2 production, compression, shipping, unloading and pipeline fees into Germany

https://www.aspecthuntley.com.au/docserver/02725478.pdf?fileid=02725478&datedir=20231016&edt=MjAyMy0xMC0xNiswOTo0MToxNis0ODArMTM4MDU2OCthbmRyZXd3ZXN0K3JlZGlyZWN0K2h0dHBzOi8vd3d3LmFzcGVjdGh1bnRsZXkuY29tLmF1L2ltYWdlc2lnbmFsL2Vycm9ycGFnZXMvcGRmdGltZW91dC5odG1sK2h0dHBzOi8vd3d3LmFzcGVjdGh1bnRsZXkuY29tLmF1L2ltYWdlc2lnbmFsL2Vycm9ycGFnZXMvcGRmZGVsYXllZC5qc3A=