The Northern Horizons Project has been unveiled by Aker Horizons’ portfolio companies Aker Offshore Wind and Aker Clean Hydrogen, and DNV. The project describes how harnessing 10GW of renewable energy in the North Sea can deliver decarbonisation targets by sending clean products to the mainland and exporting them to fuel-heavy or hard-to-abate industries.
The project will utilise floating offshore wind turbines to produce 10GW of energy to power multiple floating installations which will produce green hydrogen for onwards transmission to a net zero hydrogen refinery on Shetland. The project could start production from 2030. The Aker companies and DNV are now embarking on a consultation project with governments and businesses to mature the project towards a future investment decision.
