The Green Recruitment Company’s Post

At what price could you generate green hydrogen from #Denmark's ongoing offshore wind auction sites? Last week, Aegir Insights showcased results from Aegir #Integrate, an advanced solution for investment modelling of hybrid offshore wind projects. This solution has been developed in collaboration with Vattenfall, DTU - Technical University of Denmark, and Energy Cluster Denmark under the REALISE Innovation Project. The project was funded via the Danish Energy Agency’s EUDP fund and had a closing event last week after a three-year development. Through the collaboration, Aegir Insights extends its product offerings to include capabilities in investment modelling of #hybrid offshore wind projects, which could include coupling with other generation sources such as #solar and #onshore, as well as #greenhydrogen production or #energystorage. Hybrid offshore wind projects are of growing importance, with several markets now requiring ‘integration’ initiatives in auctions. Aegir Integrate has already been used to analyze several Northern European markets, including #Denmark, #Germany and #Netherlands, that are leading the way on integration initiatives. At the closing event last week, we presented the key results demonstrating Aegir Integrate’s application to a real-world business case, using the Danish #auction as a case study. Reach out to our industry experts, Katherine Dykes and Matthew Delany for a demonstration of our new solution Aegir Integrate and discuss opportunities for future collaborations in hybrid project assessment. And a final thank you to the entire #REALISE team for a great collaboration on this project over the last three years! #offshorewind #decisiontools #greenenergytransition #hybridpowerplants #PtX

Fraunhofer CSP together with 15 leading European partners starts EU joint industry project #BAMBOO in which offshore solar technology is scaled up to formats of 150 MW enabling to build Gigawatt scale farms. Placing solar farms within offshore wind farms: ➡️ better utilise ocean space ➡️ increasing energy output ➡️ enables more continuous power generation across seasons ➡️ reduces the cost of green power generation and the energy system The collaboration coordinated by RINA between offshore solar developer Oceans of Energy four technology developers (Solarge, TKF (BV Twentsche Kabelfabriek), Pauwels Transformers, SolarCleano), five technical- and environmental consultancies (RINA, ABS, Aquatera Ltd, Aquatera Atlantico and WavEC - Offshore Renewables), three testing laboratories (MARIN (Maritime Research Institute Netherlands), #Fraunhofer CSP, SIRRIS), the marine policy think-tank European Marine Board IVZW, and the offshore wind farm developer Vattenfall as potential client for implementation, is aimed to resolve remaining challenges for the rollout of large scale offshore solar into new- and existing wind farms.

Anyone else feeling lucky to be alive during this technological era?! "A consortium of 15 companies including German utility RWE and Dutch-Norwegian floating PV pioneer SolarDuck has won €6.8m of Horizon Europe funding to support development of a floating solar demonstration project to be located on the OranjeWind offshore wind farm in Dutch waters. Funding covering some of the research and development costs for offshore floating solar (OFS) systems and their components was granted under Horizon Europe, a multi-billion euro EU-led science funding programme covering research and innovation. The project is intended to enable large-scale deployment and commercialisation of OFS systems in the future, both as standalone systems and integrated into offshore wind farms." Read the Recharge article on this new EU project: https://lnkd.in/g5fMEj-H More floating solar in Malaysia: https://lnkd.in/gbF6cb4Z and in France: https://lnkd.in/gNGyhbvt

✨ What an honour it has been optimising the revenue for Germany's 288MW Butendiek #offshorewind project through two long-term PPAs in 2023! The historically critical project, one of #germany's first offshore wind assets commissioned in 2015 under the EEG subsidy scheme, opted out 80% of its output from the support mechanism to cater to the increasing needs of PPA offtakers. Given the market landscape, PPAs often offer more attractive revenues than EEG. Butendiek, similar to other assets commissioned in the same period under the national support scheme, would soon enter EEG's low-end price tier. To this end, Pexapark assisted the project's investors in finding the right offtakers and negotiating win-win structures for both the sell and the buy sides. Both agreements will enter into force in July 2024. PPA details: 💡 Nov '23: An unnamed utility will offtake 750GWh annually, 62.5% of the project's total output to feed upcoming #hydrogen production plants 💡 Dec '23: Swiss utility BKW Energie will offtake 200GWh annually, 18% of the project's total output 💡 The remaining 20% of the volumes will still benefit from EEG arrangements We are proud of yet another revenue optimisation success story that enabled further innovation in the European PPA Market, re-directing MWh to where they are needed the most. Many thanks to Butendiek's consortium of investors CITIC Pacific Limited, Industriens Pensionsforsikring, ITOCHU Corporation, Greencoat Renewables PLC, Octopus Energy Generation and wpd GmbH for the trust! Last but not least, congratulations to Pexapark's restless PPA Transactions team Mathieu Ville, David Willemsen, Ademola Adebayo, Karolina Hartzell, Ann Cocquyt for such impactful work! 👏 Read more here: https://lnkd.in/di2FmdCb Image source: OWP Butendiek

Is “#PtX”(P2X, transfers wind power to green hydrogen) the Future of Offshore Wind? Last year, the Danish Energy Agency made headlines by awarding subsidies totaling DKK 1.25 billion (€167 million) for six Power-to-X (PtX) projects, with a combined capacity of 280 MW. This move marked the first time a country has provided support for the production of green hydrogen through PtX technology. In addition, Copenhagen Infrastructure Partners (CIP) has unveiled an ambitious plan to build an artificial island called BrintØ (Hydrogen Island) in the North Sea's Dogger Bank area. The island will harness the power of nearby offshore wind farms to produce green hydrogen on a large scale, while also serving as an operations and maintenance hub for the surrounding wind farms. What are your thoughts? What obstacles do you believe PtX might encounter during its implementation? Also, will Taiwan be able to join the Ptx trend?💨⚡️💧🔋 (Photo credit to BrintØ, CIP) #offshore #wind #p2x #ptx #hydrogen #taiwan #renewables #energy

Exciting news for the #offshore #wind industry in Taiwan ❗ The Ministry of Economic Affairs has just released the results for Round 3.2 of offshore wind farm capacity allocation. 🌀 With a total of 2.7 GW allocated across 5 key projects, this is a big leap forward for Taiwan's energy transition! 🎉 1. Shinfox: YouDe 700MW  2. SRE: Formosa 6 800MW 3. CIP - FengMiao 2 600MW 4. Formosa 3: Haiding 1 360MW 5. Enervest: Deshuai 240MW Congrats to the developers! Looking forward to seeing how these projects will unfold. 🌟 It’s a significant milestone, and while Ørsted didn’t secure any allocations this round, this is just the beginning. We must continue to get through hurdles like #localization and #CPPA. Finding long-term solutions to these problems is essential to Taiwan's #offshorewind's future. Let’s stay focused and keep pushing forward! 💪 #RenewableEnergy

A pan-European consortium, led by Nova Innovation, has recently been awarded €20m in EU funding for a 4 MW tidal turbine farm in Orkney. The project will see the installation of 16 turbines, each equipped with SKF bearing and seal solutions. Nova's SEASTAR project is set to surpass all existing global deployments in terms of turbine installations. This significant milestone paves the way for mass manufacturing in the tidal industry. Our solutions play a crucial role in the reduction of CO2 emissions in various industrial applications.   By collaborating with innovative partners in clean technology solutions, we are actively contributing to the advancement of renewable energies, thereby accelerating progress in these crucial fields. TOGETHER, WE RE-IMAGINE ROTATION FOR A BETTER TOMORROW.   #NOVAInnovation #SKF #SKFMarine #EUGreenDeal #BlueEconomy #Renewables

Did you know Portugal is on the cusp of an offshore wind energy revolution? A huge thanks to WavEC - Offshore Renewables in Lisbon, for orchestrating the insightful #WavECSeminar2023.🌊   🇵🇹 As Portugal gears up for its first offshore wind auction, the timing couldn't be more perfect. The seminar not only highlighted Portugal's potential but also showcased the Netherlands' expertise in this domain.   Here are some key insights : 1️⃣ 𝗜𝗻-𝗗𝗲𝗽𝘁𝗵 𝗧𝗲𝗻𝗱𝗲𝗿𝗶𝗻𝗴 𝗣𝗿𝗼𝗰𝗲𝗱𝘂𝗿𝗲𝘀 & 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀: Explored the tendering processes in Portugal and the Netherlands, focusing on non-price criteria, public data availability, and streamlining local content requirements. 👉Key takeaway: Efficiency and preparedness are crucial in tender processes.   2️⃣ 𝗥𝗼𝘂𝗻𝗱𝘁𝗮𝗯𝗹𝗲 𝗼𝗻 𝗟𝗮𝘁𝗲𝘀𝘁 𝗧𝗿𝗲𝗻𝗱𝘀: Emphasized the need for a robust regulatory framework and government support for investment in infrastructure and innovation. Unique aspects of Portugal's #FloatingOffshoreWind were highlighted.   3️⃣ 𝗣𝗼𝗿𝘁 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 & 𝗛𝘆𝗱𝗿𝗼𝗴𝗲𝗻 𝗦𝗲𝗰𝘁𝗼𝗿 𝗦𝘆𝗻𝗲𝗿𝗴𝗶𝗲𝘀:  Discussed strategies for upscaling port facilities to support offshore wind and hydrogen sectors, emphasizing the integration of these two evolving industries.   4️⃣ 𝗥𝗶𝘀𝗸 𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻 & 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀: Covered risk mitigation strategies, regulatory frameworks, and project structuring to attract investments in renewable energy. 👉Key point: Initial project successes are vital for future confidence in renewable energy investments.   5️⃣ 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 & 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Stressed the importance of considering non-price criteria (environmental sustainability and social equity) in offshore energy project. Explored innovative approaches like integrating floating solar panels with wave energy and offshore wind, and the potential for multi-use development within wind farms (👋 offshore aquaculture 🐟). 🌍 The journey from Amsterdam to Portugal was enlightening, and I'm thrilled to bring these discussions to France at the upcoming MEDTRIX Colloque and Forum EnerGaïa in Montpellier 🇫🇷. See you there 🌬️ #MarineRenewableEnergy #Innovation #OffshoreEnergy #OffshoreWind #BlueTechnologies #BlueEconomy

ENERPARC AG has inaugurated the 87.1 MWp Zeithain solar park in the Saxon district of Meißen, Germany. The solar park is sited on a 150-year old military site and was constructed in nine phases from 2016 to 2024. In addition to the solar component, ENERPARC is also exploring the development of a hydrogen pilot project to support of a range of industries in the area, including steel and chemical companies. “ENERPARC is primarily focused on the planning, construction and operation of ground-mounted solar plants and the subsequent trading of solar power,” said ENERPARC CEO Stefan Mueller. “However, our innovation team deals with many topics that are closely linked to photovoltaics or will be in the future. This also includes green hydrogen. Its production makes sense in the energy-intensive Meißen Industriebogen, because there is a great demand for it. For us, these are ideal conditions for a hydrogen pilot project that we want to implement here.” ENERPARC also plans to develop another ground-mounted solar plant totalling 17 MWp ‘in the near future’ that will supply the pilot electrolyser directly with clean electricity. #cleanenergy

THE FOSS INNOVATION PROJECT ✅ PARTNERS ARE DEVELOPING FLOATING OFFSHORE SUBSTATIONS 🌊 💡 The floating offshore substation (FOSS) is a crucial component in the offshore wind farm industry as deeper ocean sites further from the coastline are to be utilized. Traditional offshore wind farms are installed on the ocean floor, but at depths greater than approximately 80 meters, this method becomes costly and challenging. Between 60-80% of the world’s offshore wind energy potential is in areas with depths greater than 60+ meters, which presents a need for an alternative solution to bring the power to shore, such as a floating offshore substation.   “Together with our partners, we are committing ourselves to this innovative solution – getting it to be a reality,” says Jeppe Olander, Innovation Lead Semco Maritime and project partner in FOSS.   Semco Maritime has partnered up with ISC Consulting Engineers A/S, Aalborg University, Energy Cluster Denmark and Norway and Sweden-based Inocean. The parties are now set to further accelerate floating offshore substation development through funding from the EUDP - Det Energiteknologiske Udviklings- og Demonstrationsprogram.   Read more about the project at 👉 https://lnkd.in/dp-HgSd9   Watch the partners explain about their innovative solution in this video 🎬👇