WAVE ENERGY TO POWER SWITCH2’S OFFSHORE GREEN AMMONIA PRODUCTION
December 20, 2024
Partnering with CorPower Ocean, SwitcH2 is planning to launch a new open-sea project in northern Portugal utilizing CorPower Ocean’s wave energy technology. SwitcH2 is leading the development of industrial-scale offshore green hydrogen and green ammonia production units based on proven FPSO (floating production, storage, and offloading) technologies.
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SwitcH2’s NH3-FPSO unit involves the use of a newly built vessel, about the size of a Very Large Crude Carrier (VLCC), to support a 300MW electrolysis plant on the deck. The final output is green ammonia, which is temporarily stored in pressurized tanks in the vessel and then exported to shore via dedicated shuttle carriers. The floating facility is expected to reach an annual production capacity of almost 300 kton of green ammonia—enough to fuel multiple oceangoing vessels for a full year. The project anticipates green ammonia production by 2029.
SwitcH2 Director and co-founder Saskia Kunst says:
“We are extremely pleased with our collaboration with CorPower Ocean as integrating their promising wave energy adds economic benefits to our already competitive offshore production system. Jointly we look at a buoyant market for green ammonia which is set to expand 6-fold between now and 2050. Our project will contribute to decarbonize also hard to abate sectors such as global shipping.”
“A floating production system is by definition a mobile asset which we will build where this is cheapest and which can be deployed around the globe, wherever we have access to attractively priced wind, wave, and/or solar energy,”
About SwitcH2 BV
SwitcH2 BV is a project development company, engineering and operating the next generation of offshore floating production systems for the delivery of green hydrogen and green ammonia for industrial offtakers. ( For more information: www.switch2offshore.com )
