TOTALENERGIES ACQUIRES 50% OF ORANJEWIND PROJECT FOR GREEN HYDROGEN TotalEnergies and RWE have partnered on the 795 MW OranjeWind offshore wind project in the Netherlands, with TotalEnergies acquiring a 50% stake. The French energy company plans to use its share of electricity to power 350 MW of electrolyzers, producing about 40,000 tonnes of green hydrogen annually for its Northern European refineries. This move aligns with TotalEnergies' goal to decarbonize its European refineries and reduce CO2 emissions by 5 million tonnes per year by 2030. The green hydrogen production is expected to cut approximately 400,000 tonnes of CO2 emissions annually. The partners have taken the final investment decision on OranjeWind, located 53 km off the Dutch coast. Construction is set to begin in 2026, with full commissioning expected in early 2028. The project will feature 53 Vestas V236-15 MW turbines and incorporate innovative solutions like floating solar and seabed battery systems. Further reading: https://lnkd.in/epjW6_De ⚡ Follow MPS (Modern Power Systems) for all the latest news daily from the global power generation industry ⚡ #MPS #power #energy #offshorewind #hydrogen
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For energy stakeholders, this information should be scrupulously studied. The 47% cut in Denmark’s hydrogen forecast highlights a critical gap between traditional oil&gas companies' investment needs, and the financial sector. For the financial sector, as capital allocation progressively shifts toward ESG-compliant assets, companies keeping significant exposure to fossil fuels-based portfolios risk seeing diminished investor appetite and a re-rating of their equity valuations. This trend is particularly pronounced in regions where institutional investors and pension funds are under heightened scrutiny to meet sustainable investment mandates. On the other side, the green energy sector, while advancing, is not yet fully mature. The hydrogen market faces project delays, regulatory fragmentation, and evolving policy frameworks that introduce operational risks and capital inefficiencies. These dynamics are impacting investment timelines and return profiles, forcing financial institutions to recalibrate their risk models -- and due diligence processes. Balancing exposure between hydrocarbons and renewables has become a critical task, directly framing capital market performance and financial sector returns. For energy share and stakeholders, the time for half-measures is over. At JOSE PAREJO & ASSOCIATES, we provide strategic intelligence that helps our clients make informed decisions, ensuring they stay ahead in the market; mind this: waiting is no longer an option. #banking #financial #economy #geopolitics #ESG
Denmark, a leader in offshore wind energy, has recently made significant adjustments to its green hydrogen strategy. The Danish Energy Agency (DEA) has slashed its hydrogen power demand forecast by 47% for 2035, indicating a recalibration of hydrogen’s role in Denmark’s energy transition. Alongside this, the rollout of a green hydrogen transmission pipeline to Germany has been postponed until 2031, as confirmed by Energinet, Denmark’s transmission system operator. These developments reflect the growing complexity of integrating hydrogen into the country’s already successful wind energy sector. Meanwhile, the broader Nordic energy market continues to experience a power surplus driven by abundant wind and hydropower generation, which is contributing to lower electricity prices across the region. Companies like Uniper are reportedly facing challenges in advancing their 200 MW hydrogen project in Sweden, a signal of broader uncertainties in the hydrogen sector. With regulatory bodies like Nord Pool, Svenska Kraftnät, and Nordic Energy Research closely monitoring these shifts, the future of Nordic renewable energy markets remains dynamic. Energy stakeholders must adapt quickly to this evolving landscape to seize new opportunities while managing the risks of strategic delays and shifting demand forecasts. Contact us for Scnearios Generations and Energy Intelligence Services: https://lnkd.in/dWcPdgK7 #WindEnergy #HydrogenStrategy #NordicEnergyMarket #DenmarkRenewables #GreenHydrogen #PowerSurplus #EnergyMarketTrends #NordPool #Energinet #Uniper #SvenskaKraftnät #JoseParejoAssociates #GlobalEnergyInsights #ClimateNeutrality #EnergyIntelligence European Union
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https://lnkd.in/dBfEcM4Z This interesting study shows that Germany could save more than €4 billion annually from hydrogen production on offshore “energy islands” for the future German energy system. Offshore Energy Islands (OEI's) can reduce costs and increase efficiency in how they integrate offshore wind energy into the EU/German energy systems. Increasingly it is being demonstrated that offshore systems with both a hydrogen gas pipeline and a (bi-)directional power cable is more efficient than installing either/or, this is because surplus energy from the mainland grid can be exported offshore to produce hydrogen (eg. on a bright windless day when solar farms are generating a surplus). Strategic planning is key, but great to see these types of studies highlighting how renewable energy can be best exploited in the Baltic Sea. StreamTec Solutions AG provide project management services for these types of offshore projects and have extensive experience in offshore projects in the Baltic Sea. #OffshoreEnergy, #EnergyIslands, #RenewableEnergy, #GreenHydrogen, #OffshoreWind, #EnergyTransition, #SustainableEnergy, #HydrogenEconomy, #WindEnergy
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“RWE secures land for 260-MW electrolyser in England” “Germany’s RWE AG (ETR:RWE) has bought a land option to a site in Teesside, North East England to host an up to 260-MW electrolyser to produce green hydrogen.” “The site at the Wilton International industrial zone is planned to become a hub for generating up to five tonnes of #greenhydrogen per hour, the German energy major announced.” “The secured development land is positioned in proximity to #industrialenergyusers and planned #hydrogenpipelines . According to the statement, RWE has completed feasibility and initial environmental studies for the project and will aim to commission the proposed facility by 2028. The company is currently exploring options for the hydrogen’s off-take, with talks undergoing with potential industrial customers.” “RWE is the largest #powerproducer in the UK and accounts for 15% of the country’s renewable energy output. As part of a plan to install 2 GW of #electrolysers in its core markets by 2030, the German group is developing roughly 1 GW of #hydrogenprojects across the UK, it said.” https://lnkd.in/ewb8v2mf Source- original post Read all my posts #MariusPreston
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Denmark, a leader in offshore wind energy, has recently made significant adjustments to its green hydrogen strategy. The Danish Energy Agency (DEA) has slashed its hydrogen power demand forecast by 47% for 2035, indicating a recalibration of hydrogen’s role in Denmark’s energy transition. Alongside this, the rollout of a green hydrogen transmission pipeline to Germany has been postponed until 2031, as confirmed by Energinet, Denmark’s transmission system operator. These developments reflect the growing complexity of integrating hydrogen into the country’s already successful wind energy sector. Meanwhile, the broader Nordic energy market continues to experience a power surplus driven by abundant wind and hydropower generation, which is contributing to lower electricity prices across the region. Companies like Uniper are reportedly facing challenges in advancing their 200 MW hydrogen project in Sweden, a signal of broader uncertainties in the hydrogen sector. With regulatory bodies like Nord Pool, Svenska Kraftnät, and Nordic Energy Research closely monitoring these shifts, the future of Nordic renewable energy markets remains dynamic. Energy stakeholders must adapt quickly to this evolving landscape to seize new opportunities while managing the risks of strategic delays and shifting demand forecasts. Contact us for Scnearios Generations and Energy Intelligence Services: https://lnkd.in/dWcPdgK7 #WindEnergy #HydrogenStrategy #NordicEnergyMarket #DenmarkRenewables #GreenHydrogen #PowerSurplus #EnergyMarketTrends #NordPool #Energinet #Uniper #SvenskaKraftnät #JoseParejoAssociates #GlobalEnergyInsights #ClimateNeutrality #EnergyIntelligence European Union
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🌊💚 TotalEnergies takes a significant step towards a sustainable future by acquiring a 50% stake in the 795 MW OranjeWind offshore wind farm from RWE. This collaboration aims to produce green hydrogen, driving the decarbonisation of TotalEnergies' refineries in Northern Europe. Key highlights: - The 350 MW electrolyzer projects will produce approximately 40,000 tons of green hydrogen annually. - This initiative will cut CO2 emissions by around 5 million tonnes per year by 2030. - Replacing current hydrogen consumption with green hydrogen will avoid 400,000 tonnes of CO2 emissions per year. Located 53 km off the Dutch coast, OranjeWind not only supports green power and hydrogen production but also enhances grid stability with electric boilers and battery storage. Construction is set to begin in 2026, with full commissioning by early 2028. As Sven Utermöhlen, CEO of RWE Offshore Wind, states, “Together, we will provide a blueprint for the Dutch energy system of the future.” This partnership exemplifies the commitment to reducing greenhouse gas emissions and supporting the transition to a sustainable energy future. 🌍⚡️ Read the full article from Splash Maritime and Offshore News (splash247.com) here: https://lnkd.in/dH9fGh59 #GreenHydrogen #RenewableEnergy #OffshoreWind #Sustainability #TotalEnergies #RWE #Decarbonisation #CleanEnergy #EnergyTransition #NetZero
TotalEnergies buys stake in RWE's Dutch offshore wind farm to produce green hydrogen - Splash247
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RWE has obtained the construction and environmental permits to build an electrolyser near the Magnum Power Station in northern Eemshaven, the Netherlands. The approval represents a significant step for RWE’s plans of establishing 100 MW of green hydrogen production at Eemshaven. “Securing the necessary permits brings us a step closer to realising this electrolyser in Eemshaven,” said Dr. Sopna Sury, COO Hydrogen at RWE Generation SE. “This will enable RWE to supply industry with green hydrogen to make their production processes more sustainable. With this electrolyser, RWE continues to support regional growth and contribute to the area’s development as a renewable energy hub.” Once operational, the facility will support the onshore integration of renewable energy from the 795 MW OranjeWind offshore wind project in the Dutch North Sea, a joint venture between RWE and TotalEnergies. The OranjeWind project seeks to match the variable output of renewable energy with a flexible hydrogen production process. The planned 100 MW electrolyser in Eemshaven is designed to play a central role in this system integration. TotalEnergies has also committed its share of the OranjeWind’s output to support 350 MW of electrolyser capacity, aimed at decarbonising its refineries in Northern Europe. In addition to the 100 MW OranjeWind electrolyser, RWE is working on a separate 50 MW electrolyser, the Eemshydrogen project, at a nearby site within Eemshaven. Both projects are contingent on final investment decisions, with the availability of key infrastructure, including the national hydrogen backbone for transport, essential to their realisation. #cleanenergy
RWE secures approval for Dutch electrolyser project
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Deep Wind Offshore and Hydepoint announce their partnership to explore the production of hydrogen from wind power. The potential for hydrogen production from wind power presents a promising opportunity for the renewable energy sector, offering a clean and versatile energy source that can be used across various industries. This collaboration between Deep Wind Offshore and Hydepoint exemplifies the continued evolution of renewable energy technologies and their potential to revolutionize the way we power our world. #RenewableEnergy #HydrogenProduction #WindPower
Deep Wind Offshore, Hydepoint Partner on Hydrogen to Wind Production - North American Windpower
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🌍 Overcoming barriers to renewable energy sourcing🌱 PPAs are crucial for companies aiming to secure renewable energy, but challenges remain. Collaborative efforts and innovative solutions are essential to unlock the full potential of the PPA market: 🔄 Permitting delays: lengthy approval processes are slowing down renewable energy projects and increasing costs. ⚡ Grid modernisation: Upgrading infrastructure is crucial for the energy transition and industry decarbonisation. 📊 Regulatory stability: A stable, investment-friendly environment is essential for the growth of corporate renewable PPAs. 🚀 Emerging trends: Keep an eye on the rise of multi-buyer PPAs and green hydrogen initiatives. 👇 Check the interview by Renewables Now Ltd with Annie Scanlan to learn more about the barriers and various trends in the PPA market! 🔗 https://lnkd.in/eAhpuTJ5 #RenewableEnergy #PPAs #Sustainability #EnergyTransition #CleanEnergy
INTERVIEW - Permits, grid, regulations seen as key PPA hurdles, RE-Source says
renewablesnow.com
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🌊 Wind to Watch: 02 🌊 Hi All! This is the second instalment of Wind to Watch, a series where we will be taking a look at a project, client, etc... You should be keeping an eye on this year! This week - OranjeWind 🌪 ☀ The 760MW Offshore Wind Farm located 53 kilometres from the Dutch Coast is set to power more than 1 million households annually across the Netherlands. RWE, the developer of this highly interesting Offshore Wind farm have a plan to integrate a combination of innovations and investments to achieve a perfect balance of supply and demand, These innovations include floating solar panels, a subsea lithium-ion battery and a LiDAR system to predict power production more accurately. Additionally RWE will invest in onshore system integration, such as electrolysis capacity and e-boilers, to match power generation and offtake. The offshore floating solar technology RWE are utilising, as developed by SolarDuck, establishes a new frontier for solar energy and provides an answer to increasing land scarcity for the generation of renewable energy. Development and works on the OFS systems and the components of the €8.4m (£7.2m) project, supported by €6.8m from the Horizon Europe programme, have already started, making this the world's largest floating solar farm. With the project well underway, it is expected that OranjeWind will start producing renewable electricity in 2027! This is definitely an exciting project to watch this year. A model of the proposed OranjeWind project - https://lnkd.in/eA8rDqz9 #offshorewind #renewableenergy #rwe #oranjewind #cleanenergy #solar #netherlands
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Meeting Germany’s green generation capacity targets will require EUR 367bn in investments by 2030, according to a study released. “Raising this money and allowing investments to happen is possibly the greatest challenge of the coming years,” wrote the authors from German energy lobby BDEW and the EY consultancy. Beyond any costs for generational capacity, the study found that Germany would need EUR 140bn for work on long-distance power and gas networks and the same amount again for power and gas distribution networks. #DACH #greenenergy #energytransition #renewables #investment
German renewable plans require EUR 367bn by 2030 – study
montelnews.com
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