Hy2gen subsidiary Hy2gen USA and Ocean Connect Energy (OCE) have executed an MOU to jointly investigate powering renewable hydrogen production from offshore wind.
The MOU directs the companies to identify, evaluate and develop locations to power Hy2gen’s renewable hydrogen and e-fuel production from the utility-scale offshore wind generation developed by OCE.
The partnership formed a ten-month working group to identify and mature high-capacity offshore wind areas where project development may be held back by factors including constrained grid transmission and low electricity demand.
“Where green hydrogen production can be built near the point of interconnect from offshore wind energy generation, we have the potential to create predictable and lasting demand for the energy,” says David White, president of Hy2gen USA.
“This makes the need for new grid transmission less urgent and the need for infrastructure investment less substantial, while accelerating wind energy project execution.”
