European Commission is funding EUR 6 million worth wind-wave project with EUR 4.3 million.
The goal of this project is to develop a platform that will harness wind and wave power and on-site convert the surplus energy into hydrogen.
The project builds on already on-going R&D and commercial activities of a partnership involving the European leading industrial and academic partners from 5 countries within the fields of renewable energy, fish farming, hydrogen generation, maritime transports and related research disciplines.
Apart from combining different power generation activities into a shared multi-use platform, H2OCEAN is a pioneer project that will transmit offshore electricity through hydrogen.
This approach can help solve great challenges of generating power offshore:
The project is scheduled for 3 years, until December 31, 2014.
[mappress]
Offshore Wind Staff , January 12, 2012