ITP Thermal has joined https://abergeldie.com.au/ in establishing a new company in partnership to pursue large scale underground storage of hydrogen:
There is ever increasing recognition that hydrogen will play a central role in the essential transition to net zero GHG emissions. We see affordable high volume storage as a missing link in the hydrogen discussion. Our concept uses ‘’blind bore shaft drilling’’, a proven technique from the mining industry. The idea offers a modular approach to producing a lined rock cavern. Individual shafts will store 50t or more of hydrogen at pressure. It promises to be many times cheaper than any above ground solution and more modular and site independent than a salt cavern. Hydrogen storage is the necessary buffer between variable renewable hydrogen production and use for; production of ammonia for export, large scale transport refueling or dispatchable electric power production.