REALISE-ing the potential for offshore wind and Power-to-X sector development

August 1, 2024
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1 min read
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Our VP of Engineering, Katherine Dykes, was recently invited to discuss the economics of Power-to-X projects in DTU’s webinar “Bridging Perspectives for Green Hydrogen Ecosystems”.

She was joined by José Pedro Blasques, Head of LCoE at Vattenfall, and together they explored the opportunities and risks in developing green hydrogen, and shared insights from our collaboration on the REALISE project.

The EUDP-funded REALISE project, a partnership between Vattenfall, DTU, Energy Cluster Denmark, and Aegir Insights, has developed innovative software for the economic optimization of hybrid power plants, including wind, solar PV, electrical storage, and Power-to-X.

Some of the key takeaways from the webinar:

🔹 Flexibility: Profitability in hybrid power plants requires revenue stacking of complex combinations of green electrons, battery storage, hydrogen transport and storage, and more.

🔹 Capital allocation: These projects demand massive investments across a long value chain. Companies must strategically decide ownership and partnerships.

🔹 Risk: Complexity, costs, and coordination challenges translate into significant risks. The sector faces a "chicken-and-egg" dilemma without straightforward solutions.

At Aegir Insights, we've been addressing these challenges head-on through the REALISE project. Our software is designed for early-stage valuation of hybrid power plants, including offshore wind and Power-to-X applications.

Join us to dive deeper into the full results of the REALISE project at our upcoming in-person event on 27 August 2024.

And to learn more, reach out to us.

Tagged: Power-to-X
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Aegir Insights

Aegir Insights
Havnegade 27,
1058 Copenhagen,
Denmark


Contact

info@aegirinsights.com
CVR no.: 39104792

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