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Decarbonisation technology firm Hazer (ASX:HZR) has received significant support from the UK government, which now recognises its partners’ Mesh Storage Project as having national strategic importance. CEO, Glenn Corrie outlines the key role Hazer’s hydrogen technology plays within this energy storage hub, based in North West England, by converting stranded gas into clean hydrogen. The hydrogen is intended for offshore storage or conversion into ammonia, to be used locally or exported to Europe. Siemens and other major contributors have joined the project, and Corrie points to accelerated approval due to government backing.
Corrie explains that Energy Pathways, seeking an affordable hydrogen solution, initiated collaboration with Hazer (ASX:HZR) earlier this year. He states that Hazer’s technology produces hydrogen at one-seventh the cost of traditional green hydrogen, targeting markets such as ammonia and methanol. With the project in its early stages, Hazer expects development to move forward quickly, particularly with renewed stakeholder engagement and support.
According to Corrie, Hazer’s process uniquely converts methane-rich gas into hydrogen and graphite with zero emissions. The graphite is increasingly classified as a critical mineral internationally. Corrie highlights a recent partnership with KBR to facilitate scaling and licensing efforts, and notes growing commercial traction across Canada, Japan, and Korea.