Royal Dutch Shell hopes to boost the profits it makes from offshore wind farms by using surplus electricity to produce hydrogen and to charge batteries at sea. The oil company claims that using such technologies to store energy, as well as installing floating solar panels next to the turbines, should enable it to offer “a continuous power supply”, even when the wind isn’t blowing. Shell is preparing to put the technologies through trials at a new wind farm it is building off the coast of the Netherlands. If they are successful, they could be deployed more widely across the industry, according to the company. This would better utilise the cables that link the wind farms to shore and would boost returns for developers by enabling them to store surplus power on windy days, when the market is swamped with electricity, and sell it for more money later.
Times 15th Aug 2020 read more »