Rising Hydrogen Demand
The green hydrogen market faces increasing demand as industries turn to hydrogen for various applications, including ammonia, methanol, and pure hydrogen, requiring significant quantities of this clean energy carrier in order to address hard to abate sectors.
Renewable Energy Dependency
To ensure environmental benefits, Power-to-X processes must rely on renewable energy sources. However, the current setup often involves using fossil-fueled power plants when renewable energy availability is low.
The locations of renewable energy generation and hydrogen production/storage are not always congruent. This spatial disconnect can lead to inefficiencies in transporting energy and hydrogen to where they are needed.
Decentralized Hydrogen Production
Our floating platform offers a decentralized solution for hydrogen production. Hydrogen is generated directly on the platform, located close to the demand, and can be efficiently transported through pipes to shore or local hubs, reducing the need for long-distance transportation.
Minimal Energy Losses
By producing hydrogen on the same platform where power is generated, we minimize energy losses associated with long-distance transmission. Moving hydrogen through pipes incurs far less resistance, resulting in fewer energy losses during transportation.
Elimination of Bottlenecks
Each platform is self-sufficient, providing both energy production and electrolysis capabilities. This eliminates the need for bottlenecks at offshore hubs or onshore facilities, streamlining the green hydrogen production process and ensuring consistent supply. Space for both the needed renewable power and electrolysis will be a key bottle neck for meeting the global needs. Producing at new sites opened by floating, at better wind resource, further offshore will be essential.