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Deep Wind Offshore – New cooperation on offshore hydrogen production

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Hydrogencentral


 

Deep Wind Offshore – New cooperation on offshore hydrogen production.

 

Offshore wind developer Deep Wind Offshore has entered a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind.

 

Deep Wind Offshore is developing offshore wind parks worldwide, so far with projects in Norway, Sweden, and South Korea. HydePoint is a leading product and technology company specializing in offshore hydrogen production and provides solutions that can integrate hydrogen production with offshore wind parks.

 

Knut Vassbotn, CEO of Deep Wind Offshore, said:

 

Deep Wind Offshore – New cooperation on offshore hydrogen production.

 

Offshore wind developer Deep Wind Offshore has entered a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind.

 

Deep Wind Offshore is developing offshore wind parks worldwide, so far with projects in Norway, Sweden, and South Korea. HydePoint is a leading product and technology company specializing in offshore hydrogen production and provides solutions that can integrate hydrogen production with offshore wind parks.

 

Knut Vassbotn, CEO of Deep Wind Offshore, said:

 

Hydrogen will be an essential part of the energy mix towards net zero. By producing hydrogen offshore close to the wind farms, the wind farms can be built further out to sea, to avoid conflicted areas, and at the same time increase utilization and profitability.

 

“This is relevant in several of our current and coming markets, including Sweden. Hydepoint has an exciting technology, and we look forward to exploring opportunities together”,

 

The European Commission has launched an action plan which will ensure growth in wind power to reach its climate goals. According to the plan, there must be installed a total of 500 GW of offshore and onshore wind power by 2030.

 

Electricity production from offshore wind will become a significant source of renewable energy, but current grids are not prepared to receive neither the large amounts of power nor the peaks expected from renewable energy.  Offshore hydrogen production from offshore wind will reduce the need for investments in grids, as well as providing a renewable product that can be delivered to demand centres further afield.

 

Plans are currently explored for hydrogen export pipelines from Norway, Sweden, and Finland to Germany, and could facilitate offshore hydrogen production close to the windfarms and delivering hydrogen directly into these pipelines.   

 

Elin Steinsland, CEO of HydePoint, said:

Exploring the best possible integration of offshore wind and -hydrogen in an early project development phase can further optimize the value of the combined asset and reduce dependency on upgrades to existing infrastructure.

 

“In addition, the time it takes to start production of green hydrogen offshore can be significantly reduced by planning the wind farm and the hydrogen processing plant in parallel.”

 

EU has set a target of 20 million tons of hydrogen produced from renewable energy by 2030. Hydrogen will largely be used as a feedstock in the process industry producing components such as clean fertilizers, green steel, and green fuels for especially the maritime sector.

 

The cooperation between Deep Wind Offshore and HydePoint is a testament to the industry’s commitment to innovation and sustainability. Offshore hydrogen production can help optimize the value of offshore wind farms through best possible utilization of all available power and provide hydrogen to a growing European market.

 

HydePoint

 

  • HydePoint is a product and technology company for offshore hydrogen production
  • The company is owned by Kongsberg, Moreld and Arendals Fossekompani
  • HydePoint enables mass production of clean hydrogen close to the energy source and increases the value of offshore wind farms
  • The company has proprietary designs for offshore units housing a substation and hydrogen production unit, from smaller bottom fixed units up to 500MW bottom fixed and floating units

 

Deep Wind Offshore

 

  • Deep Wind Offshore is an international developer and owner of offshore wind projects, with headquarters in Haugesund and a presence in Sweden and South Korea
  • The company is backed by strong industrial and financial owners in Knutsen Group, Haugaland Kraft, Sunnhordland Kraftlag, and Octopus Energy
  • Deep Wind Offshore has entered a partnership with EDF Renewables in Norway and bp in South Korea.
  • The company has a pipeline of more than 10 GW, including 2 GW under exclusive development in South Korea

 

Source:Hydrogencentral

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