CIP and AIM to conduct energy island feasibility study

4C Offshore | Tom Russell
By: 20/05/2022 CIP
Copenhagen Infrastructure Partners (CIP) and Allianz Investment Management (AIM) have agreed to jointly conduct a feasibility study in respect of an artificial energy island in the German North Sea. The island is intended to be connected to large-scale offshore wind farms to deliver energy to the German market.

The study is a response to the announcements made by the German government concerning an accelerated green transition, and the declaration from the 18 May 2022 summit between Germany, Denmark, Belgium and the Netherlands setting the course for regional cooperation aimed at exploiting the potential of the Green Power Plant in the North Sea.

According to CIP and AIM, energy islands will collect and utilise energy resources located in areas in the North Sea that are otherwise more difficult and more costly to access. Energy islands create an onshore environment at an offshore location which makes it possible to build electrical infrastructure and produce Green Hydrogen offshore.

The power and green hydrogen from energy islands will be connected to the public grids in Germany to provide a contribution to domestic energy production and security of supply.

Energy islands and wind turbine marine structures are also expected to provide a contribution to biodiversity in the North Sea as these structures create artificial reefs offering shelter for multiple species.

CIP and AIM are eager to involve further German stakeholders into the potential development of the energy island and the connected offshore wind.