Marine Power Systems and Marine2o join forces to produce green hydrogen
Marine Power Systems and Marine2o are to work together to develop integrated solutions to support the production of green hydrogen utilising marine vessels to transport this energy vector to market. This first collaboration will support the developing pathway in the UK and other markets to deploy MPS’ innovative offshore wind and wave energy capture devices to produce green hydrogen.
The market for hydrogen is well established but over 98% of hydrogen is derived from fossil fuels. Hydrogen can be created from renewable energy by the electrolysis of water and has the potential to directly displace fossil fuels as well as create new demand for hard to electrify systems, such as domestic heat and industrial processes.
Today there exists mature marine transport infrastructure close to energy intensive demand centres. Coupling cheap, green hydrogen with marine distribution to end users has the added benefit of quickly delivering this transformative energy source to clients without the need of installing intrusive, expensive transmission systems or upgrading the existing gas network where it is unsuitable for hydrogen.
London-based Marine2o, part of the Gluon Group, brought together leading figures from the worlds of marine finance and engineering to provide marine refuelling solutions as part of the future hydrogen economy. Initially focusing on urban waterways such as vessels operating along the Thames, Marine2o aims to then expand its operations to other areas of the maritime economy where they sought to collaborate with Marine Power Systems. Marine Power System’s game changing floating wind and wave technology will play a crucial role in Marine2o plans to decarbonise ports and urban water ways around the UK and internationally.
Marine Power Systems have developed a flexible floating technology that is the only solution of its type that can be configured to harness wind and wave energy either as a combined solution or on their own. The best-in-class stability and load bearing capacity offers an excellent floating foundation to securely support a wide variety of offshore systems, including electrolysis, water purification and hydrogen storage equipment. This approach is unique and patented by MPS.
Floating offshore energy is a vast source of untapped renewable energy globally. Whilst offshore winds in shallow waters have been harnessed by fixed bottom wind turbines, wind and wave energy in deep water has been largely untapped and offers better energy resources.
Floating offshore wind and wave is an excellent energy source for green hydrogen production, especially in remote areas or islands that use expensive, polluting hydrocarbon fuels for power generation. The combination of floating turbines and wave energy converters, green hydrogen production, storage and offloading provision will support the production of very low-cost green hydrogen.
“Marine Power Systems are very pleased to be working with Marine2o to accelerate the growth of zero-carbon hydrogen” says Martin Carruth, Commercial Director of Marine Power Systems. “Floating renewables presents a unique opportunity to transform green hydrogen production and this first collaboration will help exploit that opportunity. The recent INTOG report is very welcome and provides a route to market in the UK for MPS’s devices to produce green hydrogen. Together with Marine2o’s knowledge and expertise in maritime logistics, we’ve created an exciting proposition to accelerate hydrocarbon-based hydrogen replacement with green hydrogen and bring it to a wide market without the need for expensive new or modified gas transmission infrastructure.”
“Marine2o has always had the passion to use the maritime sector to distribute green hydrogen and drive energy system decarbonisation” says Marine2o Managing Director, Tim Munn. “Producing green hydrogen requires substantial amounts of renewable energy. Working alongside Marine Power Systems provides us the opportunity to produce the green hydrogen at sea and transport into ports and urban water ways. I am delighted to join with Marine Power Systems on our journey to provide carbon free infrastructure”