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ingka-group-ox2-plan-wind-and-hydrogen-project-off-the-coast-of-sweden
ingka-group-ox2-plan-wind-and-hydrogen-project-off-the-coast-of-sweden

Ingka Group, OX2 plan wind and hydrogen project off the coast of Sweden

Ingka Group’s – IKEA’s largest retailer – investment arm has applied for a permit to construct an offshore wind and hydrogen production project in Sweden.

Together with OX2, Ingka Investments has plans to construct 207 wind turbines 50km off the Swedish coast to provide 3.1GW of renewable power.

In addition to the wind project, the pair also applied for offshore hydrogen production with a maximum capacity to produce 370,000 tonnes per year. In addition to hydrogen, by-product oxygen from electrolysis would be used to reoxygenate the Baltic Sea under a pilot project.

Production from the offshore wind development is estimated to reach between 13 and 15TWh annually.

The projects are hoped to form part of the Neptunus energy hub, for which OX2 previously submitted an application for. If permits are obtained, construction can start in 2030.

OX2 in December 2022 agreed to explore the possibility of developing a new offshore hydrogen pipeline in the Baltic Sea with Gasgrid Finland, Nordion Energi and Copenhagen Infrastructure Partners (CIP).

More broadly, IKEA and Ingka have been looking to introduce hydrogen solutions into its supply chain. H2 Green Steel is set to supply hydrogen-based steel for 50% of IKEA’s warehouse racking globally.

Read more: IKEA to use H2 Green Steel’s hydrogen-produced steel in 50% of global warehouse racking

On the roads, IKEA Austria recently took delivery of five of Quantron’s hydrogen fuel cell trucks and trialled a heavy-duty truck fitted with Westport Fuel System’s hydrogen-retrofitted internal combustion engine (ICE).

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