Neptune Energy and RWE have announced the signing of a Joint Development Agreement to develop the offshore green hydrogen project "H2opZee" ahead of 2030. H2opZee is a demonstration project which aims to build 300-500MW electrolyser capacity in the North Sea to produce green hydrogen using offshore wind.
The hydrogen will then be transported to land through an existing pipeline. The pipeline has a capacity of 10-12GW.
H2opZee consists of two phases. In the first, a feasibility study will be carried out and an accessible knowledge platform will be set up. The intention is to begin the feasibility study in the second quarter of 2022. In the second phase, the project will be implemented. For this phase, a tender methodology has yet to be defined.
The project is an initiative of TKI Wind op Zee, an initiative supported by the Dutch government bringing people, knowledge and financing together to support the offshore energy transition.