Neptune Energy has signed a Memorandum of Understanding with Ørsted and Goal7 to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity.
Integrated energy hubs have the potential to combine multiple energy systems, including existing oil and gas production assets, carbon storage and hydrogen production facilities. They could extend the life of producing fields and support the economic case for electrification with renewable energy.
The agreement will see the companies examine the potential to supply renewable electricity from Ørsted’s Hornsea offshore windfarm projects to power future Neptune-operated hubs in the UK North Sea.
Neptune Energy’s director of New Energy, Pierre Girard, commented: “Neptune has submitted three applications under the recent Carbon Dioxide Appraisal and Storage Licensing Round, and securing the licences would enable us to develop future proposals for integrated energy hubs in the UK North Sea. In parallel, the agreement with Ørsted and Goal7 will support research into the potential use of wind-generated renewable electricity to power these hubs, which could comprise new and repurposed offshore assets and bring together hydrogen production and carbon injection facilities.”
The North Sea Transition Authority is due to award storage licences early in 2023.
Image: Offshore WTGs in the Hornsea array