OX2 plans to build offshore energy hub in the Baltic Sea

Wind Industry Profile of

OX2 has initiated the development of the offshore energy hub Neptunus in southern Baltic Sea. The energy hub is estimated to have a total installed capacity of 1.9 GW and will produce both electricity and hydrogen. The project will be included in OX2’s project development portfolio for the first quarter, 2023.

The energy hub will be located in the Swedish economic zone, about 50 kilometers of the coast of Blekinge. It will comprise of offshore wind turbines as well as installations to convert electricity to hydrogen. The annual production is estimated to 8 TWh electricity, corresponding to about 5 % of Sweden’s current annual electricity consumption. OX2 has screened and conducted surveys in the area during the last two years and during the winter conducted... ... More: Official Press Release OX2

Keywords:

OX2, Baltic Sea, Sweden, offshore, energy hub, Neptunus, installation, capacity, electricity, hydrogen, portfolio