Power plant to be built in Spain to convert wind and wave energy into hydrogen

Power plant to be built in Spain to convert wind and wave energy into hydrogen
Katerina Belousova

The grant agreement will be a catalyst for accelerated implementation of the technology.

In Spain, the Seaworthy pilot platform will be built on the coast of Las Palmas, which will consist of a 4.3 MW wind turbine, a 0.8 MW wave energy converter, and a green hydrogen production and storage facility.

For this purpose, the Danish renewable energy developer Floating Power Plant and the European Commission signed a grant agreement worth €26 million, Offshore energy reports.

It is noted that the project combines offshore wind and wave resources to generate electricity while using excess energy to produce and store hydrogen. It is expected to be a key breakthrough in the quest to dispatch renewable energy at sea and decarbonize areas where it is difficult to reduce emissions.

"This collaboration exemplifies the power of visionary partnerships in driving the energy transition. Seaworthy is more than just a project; it is a testament to our shared commitment to sustainable and operational energy solutions. As we embark on this journey, we are confident that our innovative approach will set a new benchmark for what is possible in hard-to-reach regions," said Floating Power Plant vice-chairman Carsten Sonne-Schmidt.

The company emphasized that the grant agreement will be a catalyst for accelerated implementation of the technology. This allows the floating power plant to quickly prove an innovative approach and make a significant contribution to the global transition to sustainable energy.

Earlier, EcoPolitic wrote, that in Spain, the energy company Soleolico created the world's first wind turbine with solar panels, the productivity of which is 25% higher than that of other wind turbines.

As EcoPolitic previously reported, the California state senate unanimously approved bill SB 605, which will ensure the development of wave energy and tides as a new source of renewable energy.

Related
The EU aims to triple green energy by 2030 – von der Leyen
The EU aims to triple green energy by 2030 – von der Leyen

Due to the war in the Middle East, EU countries have already overpaid €90 billion for fossil fuels

Germany plans to phase out oil and gas completely by 2045
Germany plans to phase out oil and gas completely by 2045

The government considers 19 years to be a perfectly realistic timeframe for restructuring the country’s energy balance

EU countries will call for the cancellation of the scrapping of free allowances on the carbon market
EU countries will call for the cancellation of the scrapping of free allowances on the carbon market

There are plans to raise the quota removal threshold to 800 million and reinstate it from 2031

The world’s first CBAM verifier has been accredited: what sort of company is it?
The world’s first CBAM verifier has been accredited: what sort of company is it?

It now has the authority to verify the emissions of businesses whose products are subject to the ‘carbon duty’