The collaboration between SwitcH2 and CorPower Ocean plans a floating green ammonia production facility powered by renewable energy. This project integrates three different energy sources: wind, solar and wave energy.
The floating project of SwitchH2 and CorPower Ocean
This new project will be based on a floating production facility ( FPSO ) operating offshore, with an annual production capacity of close to 300,000 tons of green ammonia. This facility will use electrolyzers powered by a combination of renewable energies, driven by a large input of energy from waves, ensuring a constant and reliable source of green electricity.
Green ammonia, known for its high energy density and ease of storage, is being presented as an option to decarbonise the shipping industry. This development is part of the growing initiatives to make green ammonia a preferred fuel, especially in the fertilizer sector.
With growth forecast, the green ammonia market is estimated to grow from USD 0.7 billion in 2024 to over USD 55 billion by 2032. The integration of renewable energy and wave energy technologies within this process allows the project to reach levels of efficiency and sustainability that were not previously possible.
With the support of BW Offshore and Dutch Oceans Capital , as well as a grant from the GroenvermogenNL TSE programme, SwitcH2 continues to expand its projects, such as in northern Portugal and other regions in West Africa. This floating production system, based on solar, wind and wave energy, not only offers innovative solutions for the production of green ammonia, but also strengthens the global energy transition.
Exporting electric energy. Source: CorPower Ocean
CorPower Ocean ‘s commercial director, Kevin Rebenius, underlines the importance of wave energy as an untapped source of renewable, constant and abundant energy, which complements traditional sources and ensures the continued operation of this type of industrial facilities. The project is expected to be operational in 2029.
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Source and photo: CorPower Ocean
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