Hy2gen & Ocean Connect Energy to explore offshore wind-powered hydrogen production

By: Chloe Emanuel

Home Market Intelligence Wind News

Subscribe to our Wind News
General Windfarms
17/05/2024 Hy2gen

Hy2gen USA Inc., a subsidiary of global renewable hydrogen developer Hy2gen, has signed a Memorandum of Understanding (MoU) with offshore wind energy developer Ocean Connect Energy Inc. (OCE). This collaboration aims to investigate the potential of powering renewable hydrogen production with offshore wind energy.

The agreement will see the formation of a 10-month working group tasked with identifying and developing high-capacity offshore wind energy locations that can support Hy2gen’s renewable fuel production. These efforts focus on areas where project development might be constrained by grid transmission issues or low electricity demand.

David White, president of Hy2gen USA Inc., highlighted the strategic benefits, stating, "Renewable hydrogen production near offshore wind energy generation sites can create predictable demand, reducing the urgency for new grid transmission and infrastructure investments."

The initiative aligns with Hy2gen’s strategy to leverage the United States’ clean hydrogen regulatory framework and similar EU regulations. The collaboration aims to meet high industry sustainability standards by integrating offshore wind energy and power-to-X projects, which convert renewable electricity into storable hydrogen.

Kevin Banister, CEO of Ocean Connect Energy, emphasized the potential impact, saying, "Offshore wind, with its high capacity factor, can efficiently meet the electricity demand for renewable hydrogen production, accelerating both wind energy and hydrogen project developments."

This partnership marks a significant step towards large-scale, economically viable renewable hydrogen production, aiming to enhance energy independence and investor confidence in the burgeoning renewable fuels market.

For more information about offshore wind farm projects across the globe, click here.

About the Author

4C Offshore | Chloe Emanuel
Chloe Emanuel

Press Coordinator

01502 307037 chloe.emanuel@tgs.com
View all news

Explore Trending Offshore Wind News

View All

U.S. offshore wind industry leans on European steel components says Empire Energy Partners
U.S. offshore wind industry leans on European steel components says Empire Energy Partners

Monday, 08 July 2024
Back in black: BP shifts strategy, halts hiring and puts a pause on offshore wind to reassure investors
Back in black: BP shifts strategy, halts hiring and puts a pause on offshore wind to reassure investors

Friday, 28 June 2024
Mingyang launches world's largest twin-rotor floating wind turbine
Mingyang launches world's largest twin-rotor floating wind turbine

Friday, 28 June 2024