World Energy GH2 | Vortex | Green Energy Cavern Storage
Canada
Announced
Overview
Status
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Announced
Region
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North America
Geography
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Canada
State
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Newfoundland and Labrador
Equity Owner
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Vortex Energy, World Energy GH2
Proponent
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Vortex Energy, World Energy GH2
Output
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Hydrogen storage
Type of electricty
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Capacity
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Financing
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Technology
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Technical Advisors
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Advisors
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Project Contact
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Paul Sparkes, CEO of Vortex Energy Corp | Sean Leet, CEO of World Energy GH2
Lawyers
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Project Cost
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Offtaker
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Commercial Operations Date
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Decommission Date
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FID
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Description
Vortex Energy and World Energy have agreed, by way of a May 2024 memorandum of understanding, to explore green energy cavern storage solutions in Newfoundland and Labrador.
The MOU was signed in Rotterdam, Netherlands at the Canadian Pavilion during the World Hydrogen Conference.
Through collaborative research, development, and deployment initiatives, World Energy GH2 and Vortex Energy Corp intend to work together to study and explore scalable and efficient storage solutions.