Cerulean Winds has revealed an ambitious £10bn ($14.3bn) project that will integrate a 200-turbine floating wind and hydrogen development that will decarbonise oil and gas assets in the North Sea.
The development includes over 200 of the largest floating turbines at sites West of Shetland and in the Central North Sea that will have 3GW per hour of capacity, feeding power to offshore facilities with excess 1.5GW per hour power to onshore green hydrogen plants.
In addition to this, the project will be capable of developing green hydrogen at scale with an export potential of £1bn ($1.4bn).
It is estimated that the current 160,000 oil and gas jobs can also be safeguarded with 200,000 new roles within the floating wind and hydrogen sectors able to be created within the next five years.
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