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Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

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The Gigastack project, led by ITM Power, Ørsted, Phillips 66 Limited and Element Energy, will show how renewable hydrogen derived from offshore wind can support the UK’s 2050 net-zero greenhouse gas emission target. from an offshore wind farm—the process of producing hydrogen from water (electrolysis) can be decarbonized.

Wind 379
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Statkraft to install GE Rotating Stabilizers in grid-stabilization project in Scotland

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Statkraft UK will install GE’s Rotating Stabilizer technology—i.e., GE Power Conversion will manufacture and install two Rotating Stabilizer synchronous machines at Statkraft’s site in Keith, Moray. giant flywheels—at its stability project at Keith in the northeast of Scotland.

Grid 307
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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Each year, NEO compares the costs of competing energy technologies through a levelized cost of energy analysis.

Wind 207
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Wind-to-Hydrogen Tech Goes to Sea

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Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 92
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses.

Wind 220
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Xcel Energy, INL to use nuclear energy for clean hydrogen production; HTSE

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Minneapolis-based Xcel Energy will work with Idaho National Laboratory to demonstrate a system that uses a nuclear plant’s steam and electricity to split water. The new project is the first to pair a commercial electricity generator with high-temperature steam electrolysis (HTSE) technology. Earlier post.)

Hydrogen 497
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Statoil to build the world’s first floating wind farm: Hywind Scotland

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Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The decision triggers investments of around NOK 2 billion (US$238 million), realizing a 60-70% cost reduction per MW from the Hywind demo project in Norway.

Wind 191