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hydrogen Lhyfe

Floating Power Plant’s Seaworthy Project Gets €26M EU Boost

Anela DoksoBy Anela Dokso06/12/20232 Mins Read
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Danish renewable energy developer Floating Power Plant has secured a €26 million grant from the European Commission’s Innovation Fund for its Seaworthy project.

This ambitious initiative aims to integrate floating wind, wave energy, and hydrogen production, offering a multifaceted approach to dispatchable renewable power offshore.

The Seaworthy project, an acronym for Sustainable Dispatchable Energy Enabled by Wave-Wind Offshore platforms with Onboard Hydrogen, sets out to combine floating wind and wave resources. The primary goal is to generate electricity while harnessing excess power to produce and store hydrogen. This innovative approach is expected to mark a pivotal breakthrough in achieving dispatchable renewable power offshore, addressing the challenge of decarbonizing hard-to-abate areas.

Floating Power Plant’s Seaworthy project leverages a combination of floating wind and wave technologies to create a dispatchable, reliable, and renewable energy solution. By integrating hydrogen production and storage into the mix, the project pioneers a comprehensive approach to sustainable offshore energy. The technologies employed aim to mature over time, with a long-term vision of delivering large-scale, cost-effective green hydrogen as an export product.

The project’s success is not just a local triumph but holds the potential to contribute significantly to the global transition to sustainable energy. The Seaworthy initiative is a testament to the company’s commitment to advancing dispatchable renewable solutions and becoming a benchmark for possibilities in hard-to-abate areas.

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