A vision to utilise Scottish offshore wind resources in the North Sea to make
the country an exporter of clean energy has been unveiled at the COP 26 climate
change conference in Glasgow.

The Northern Horizons Project has been unveiled by Aker Horizons’ portfolio
companies Aker Offshore Wind and Aker Clean Hydrogen, who have the technical
know-how and expertise to realise the project, and DNV, the independent energy
expert and assurance provider.

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 Northern Horizons initiative is a response to the Scottish government’s
stated ambition to develop Scotland’s potential to export significant quantities
of hydrogen.

The government is targeting 5GW of hydrogen production by 2030 and
is actively seeking international collaboration in the development of a shared
hydrogen economy.

“Such innovation and private sector investment are key to meeting the UK and
Scotland’s net zero targets and delivering the unprecedented ambition on display
here in Glasgow at COP26,” said Sian Lloyd-Rees, managing director of Aker
Offshore Wind UK.

The project, which could start production from 2030, will deliver predictability
for a fit-for-purpose Scottish supply chain ready to support the energy
transition towards 2045 and beyond. It would also create thousands of jobs and
the investment of billions of pounds during construction and operation.

“This is a technically and economically feasible plan to deliver floating
offshore wind at the scale needed to deliver clean energy products which can be
used to help decarbonise fuel-heavy industries such as shipping and aviation,”
added Lloyd-Rees.

The Aker companies and DNV are now embarking on a consultation project with
governments and businesses to mature the project toward a future investment
decision.

“To meet the targets of the Paris Agreement, the world needs to transition
faster to a deeply decarbonized energy system,” said Ditlev Engel, CEO of Energy
Systems at DNV. “This will require greater renewable power generation and
electrification, but also extending the reach of renewable energy to hard-to
-abate sectors that cannot be readily electrified – through conversion to green
hydrogen and synthetic fuels.”

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.
Green hydrogen is produced when renewable energy is used to power the
electrolysis of water.

The refinery – powered by floating offshore wind turbines – will produce a range
of zero carbon energy solutions for local consumption and export across the
world, including ammonia, liquid hydrogen, and synthetic fuels.

Floating offshore wind is the latest advent in renewable technology and this
project will utilise giant turbines nearly as tall as the London Shard on
floating platforms more than 130km from Shetland.

“I am proud that DNV has worked on this project that really does show a
profitable business opportunity creating economic growth and new job
opportunities, whilst contributing greatly to the UK’s net zero targets,” said
Engel of DNV.

According to the report, enough liquid hydrogen will be produced to power 40
percent of the total mileage of local UK buses, as well as enough synthetic fuel
to make 750 round trips from the UK to New York.