Offshore wind: Scaling up near-term production of hydrogen. · Offshore wind: Scaling up near-term...
5
1 | Offshore wind: Scaling up near-term production of hydrogen. | 11 February 2019 | Classification: PUBLIC © 2016 MHI Vestas Offshore Wind A/S PHILIPPE KAVAFYAN CEO Offshore wind: Scaling up near-term production of hydrogen.
Transcript of Offshore wind: Scaling up near-term production of hydrogen. · Offshore wind: Scaling up near-term...
1 | Offshore wind: Scaling up near-term production of hydrogen. | 11 February 2019 | Classification: PUBLIC© 2016 MHI Vestas Offshore Wind A/S
PHILIPPE KAVAFYANCEO
Offshore wind: Scaling up near-term production of hydrogen.
2 | Offshore wind: Scaling up near-term production of hydrogen. | 11 February 2019 | Classification: PUBLIC
© 2016 MHI Vestas Offshore Wind A/S
Offshore wind – a flexible and multi-purpose energy source.
Prov
isio
ns o
f hea
t, co
ldan
d op
erat
ing
pow
erIndirect use of excess power
Direct use of power
CH4
H2
Electrolysis
Methanation
H2
3 | Offshore wind: Scaling up near-term production of hydrogen. | 11 February 2019 | Classification: PUBLIC© 2016 MHI Vestas Offshore Wind A/S
Green hydrogen - stabilising the power market.
SPOT PRICE (€/MWH)
Price
Wind/MW
POWER CURTAILMENT (MWH)
Hour
MW
More wind
H2Hydrogen as a stabiliserLower prices
4 | Offshore wind: Scaling up near-term production of hydrogen. | 11 February 2019 | Classification: PUBLIC© 2016 MHI Vestas Offshore Wind A/S
LCoE spectrum.
0.0
5.0
10.0
15.0
20.0
25.0
30.0
200 400 600 800 1000 1200 1400 1600 1800 2000 2200
€
Hours
LCOE H2 electrolysis (€/kg)
0.0
2.0
4.0
6.0
8.0
10.0
12.0
1000 2000 3000 4000 5000 6000 7000 8000
€
Hours
LCOE H2 electrolysis (€/kg)
Low capex High capex
5 | Offshore wind: Scaling up near-term production of hydrogen. | 11 February 2019 | Classification: PUBLIC© 2016 MHI Vestas Offshore Wind A/S
PHILIPPE KAVAFYANCEO
Let’s move the horizon.
