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The idea is to use the power from brown coal, considered so dirty that even Australia’s coal-heavy energy grid is gradually moving away from it, to electrolyze water into its components: hydrogen and oxygen.

Engie, which has sold its fossil gas activities as part of a broader restructuring, is also looking to invest in industrial-scale hydrogen production by electrolyze water in places where solar energy is cheap.

Engie wants to produce hydrogen gas with solar energy by electrolyze water at a price that would make it more competitive with steam reforming of hydrocarbons, which accounts for 95 percent of hydrogen produced today and costs about 2 euros per kilo, compared to 6 euros/kilo for electrolysis.

Engie, which has sold its fossil gas activities as part of a broader restructuring, is also looking to invest in industrial-scale hydrogen production by electrolyze water in places where solar energy is cheap.

Engie wants to produce hydrogen gas with solar energy by electrolyze water at a price that would make it more competitive with steam reforming of hydrocarbons, which accounts for 95 percent of hydrogen produced today and costs about 2 euros per kilo, compared to 6 euros/kilo for electrolysis.