AquaVentus offshore wind-to-hydrogen initiative gets new member

Business Developments & Projects

Technology company Elogen, part of the Gaztransport & Technigaz (GTT) group, has come onboard German offshore wind-to-hydrogen initiative, AquaVentus.

Source: AquaVentus

Elogen expects to support this industrial development through ongoing undertaking in offshore electrolysis and take a further step in its commitment to a sustainable future.

GTT acquired the company back in 2020, followed by steps to massify Elogen’s production. Elogen’s objective is to commercialize at least 400 MW of electrolysis capacity per year by 2030. 

AquaVentus initiative aims to produce one million tonnes of green hydrogen per year from wind energy in the North Sea and transport it to land by pipeline. The initiative gathers more than 100 companies, organizations, and research institutes along the entire value chain to create the framework conditions for the installation of 10GW of green hydrogen generation capacity from offshore wind energy in the North Sea across Europe and to build the necessary transport infrastructure.

AcquaVentus also has a number of sub-projects for the expansion of hydrogen production in the North Sea that have now become concrete. These include AquaPrimus as a demonstrator and AquaCampus, a research area that is unique in Europe, as well as the AquaDuctus hydrogen pipeline, the “hydrogen backbone” of the North Sea.

For implementation, however, it is crucial to obtain clarity about the legal framework and potential funding opportunities in a timely manner, according to Jörg Singer, Chairman of AquaVentus.