Siemens Energy-led H2Mare project to receive USD 117M from Germany

Siemens Energy-led H2Mare project to receive USD 117M from Germany

The flagship H2Mare project, led by Siemens Energy, will reportedly receive €100 million (USD 117 million) from Germany's research ministry to develop an offshore wind turbine, incorporated with an electrolyzer to generate green hydrogen and build a value chain for sustenance.

Siemens Energy and its majority-owned Siemens Gamesa wind business announced intentions in January to develop a full-scale demonstrator by the year 2025-2026, based on their in-house developed 14MW turbine with an electrolyzer at the foot of the tower.

The long-term objective, according to the companies' executives, is to replace the offshore oil and gas sector with massive fleets of hydrogen turbines.

German multinational energy firm RWE AG plans to deploy two new machines at the AquaPrimus, part of the massive AquaVentus offshore wind to H2 scheme which seeks to produce green hydrogen from up to 10GW of offshore wind farms near Heligoland, sources cited.

Siemens Energy CEO Christian Bruch said that they intend to build green hydrogen production offshore with H2Mare and their partners. They need political support to advance innovative ideas for a green hydrogen economy, he added.

The H2Mare initiatives, backed by Fraunhofer research institutes, include four joint projects with 35 partners and are coordinated by Siemens Energy. The projects include wind hydrogen production, energy generation, as well as hydrogen conversion to liquid hydrocarbons, methane, methanol, or ammonia for application in industry or the energy sector.

The Fraunhofer IWES institution mentioned that other industrial downstream usage and storage alternatives are also conceivable. The aim is to achieve a considerable cost advantage in large-scale hydrogen production.

Knowledgeable sources cited that H2Mare is one of three flagship initiatives funded by the research ministry, with a total budget of up to €740 million (approx. USD 869 million) allocated for these projects.

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https://www.rechargenews.com/energy-transition/germany-ploughs-117m-into-siemens-energy-led-bid-to-develop-game-changer-hydrogen-offshore-wind/2-1-1056202