RWE and Neptune Energy to develop 500 MW offshore green hydrogen project in Netherlands
RWE and Neptune Energy have signed a Joint Development Agreement to develop the offshore green hydrogen demonstration project H2opZee ahead of 2030.
H2opZee is a demonstration project which aims at building 300 to 500 megawatts (MW) electrolyzer capacity far out in the Dutch North Sea. The project will produce green hydrogen by using offshore wind. The hydrogen will then be transported to land through an existing pipeline which has a capacity of 10 to 12 gigawatts (GW). The feasibility study for the project is expected to start in the second quarter of 2022.
H2opZee consists of two phases: In the first phase, a feasibility study will be carried out and an accessible knowledge platform set up. The objective of this is to start the roll-out of hydrogen at sea in the Netherlands. In the second phase, the project will actually be implemented. For that phase, a tender methodology has yet to be defined.
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