Marine Power Systems and Marine2o will develop solutions to support the production of green hydrogen utilising marine vessels to transport this energy vector to market.
Initially focusing on urban waterways such as vessels operating along the Thames, Marine2o aims to expand its operations to other areas of the maritime economy where they sought to collaborate with Marine Power Systems.
Floating offshore wind and wave can be efficient energy sources for green hydrogen production, especially in remote areas or islands that use expensive, polluting hydrocarbon fuels for power generation. The combination of floating turbines and wave energy converters, green hydrogen production, storage and offloading provision will support the production of very low-cost green hydrogen.
Floating renewables presents a unique opportunity to transform green hydrogen production and this first collaboration will help exploit that opportunity
says Martin Carruth, Commercial Director of Marine Power Systems.
Furthermore, Marine2o Managing Director, Tim Munn, added that producing green hydrogen requires substantial amounts of renewable energy.