OX2 and Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to construct the offshore energy hub Neptunus off the coast of Blekinge, in the south of Sweden.
The energy hub Neptunus is planned to comprise up to 207 wind turbines with a maximum height of 420 meter and will be situated about 50 kilometers from the coast. The application encompasses a total installed capacity of 3,100 MW. The production is estimated to about 13-15 TWh annually. OX2 has previously applied for a Natura 2000 permit for the energy hub. If permits are obtained, construction can start in 2030.
Besides offshore wind power, OX2 and Ingka Investments have also applied for offshore hydrogen production of maximum 370,000 tonnes annually, as well as a pilot project to oxygenate the Baltic Sea. Oxygen is a biproduct of hydrogen production and can be used to oxygenate the Baltic Sea, thereby contribute to restoring the marine life in an area with oxygen deficiency.
