Is the Hydrogen resource play a proven one. How much do they have?
It is not a resource at all. They have an idea to build some renewable energy, they use this electricity to create hydrogen by electrolyzing water.
Currently, there is no real market for the hydrogen they plan to produce, but maybe the demand will grow to meet the proposed supply.
All they have is an idea, which has not undergone even basic feasibility studies. The feasibility studies are commencing soon.
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- Ann: MOU with Total Eren to Develop Green Hydrogen Project
Ann: MOU with Total Eren to Develop Green Hydrogen Project, page-331
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