EU OYSTER Consortium chooses Grimsby for innovative hydrogen project
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RENEWABLE HYDROGEN WHICH IS PRODUCED IN LARGE QUANTITIES OFFSHORE WILL FORM THE CORNERSTONE IN REACHING NET ZERO EMISSIONS BY 2050.
THE OYSTER PROJECT WILL ENABLE OFFSHORE, GREEN HYDROGEN PRODUCTION TO BE GENERATED FROM OFFSHORE WIND AT COMPETITIVE COSTS, UNLOCKING THE BULK MARKETS FOR RENEWABLE HYDROGEN. THIS WILL SIGNIFICANTLY LOWER CO2 EMISSIONS WHILE FACILITATING THE ENERGY TRANSITION INTO A FULLY RENEWABLE SYSTEM
Concept
The OYSTER project will lead to the development of a combined wind turbine and electrolyser system designed for operation in marine environments to advance the technology needed for future offshore hydrogen production.
The project brings together some of leading players within renewable hydrogen. Electrolyser specialists, ITM Power, will work with the world’s largest offshore wind developer, Ørsted and leading wind turbine manufacturer, Siemens Gamesa Renewable Energy to develop and test a MW-scale fully marinised electrolyser, in a shoreside pilot trial. The project will be coordinated by Element Energy.
Vision
Partners of the OYSTER project believe that offshore hydrogen production can have a meaningful impact on international emission reduction targets. By producing low-cost, fully renewable hydrogen, available to a range of sectors while facilitating increased exploitation of renewable energy resources.
Context
The use of renewable hydrogen is crucial to achieving EU climate neutrality by 2050. The EU has published a hydrogen strategy which targets 6 GW of electrolyser by 2024 and 40 GW by 2040.
Project
The consortium behind the OYSTER project consists of ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy.
Vision
This project is a key first step on the path to developing a commercial offshore hydrogen production industry and will demonstrate innovative solutions with significant exploitation potential within Europe and beyond.
Timeline
Within the 1st phase which is the OYSTER project the project will follow the following steps: Research and Development, Pilot demonstration, Planning and design for Roll-out
