Signing ceremonyHydroWing

HydroWing inks deal to support and develop tidal energy projects in Indonesia

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HydroWing signs MoU

Tocardo’s 50% shareholder has signed a Memorandum of Understanding with state-owned company Indonesia Power to support and develop tidal energy projects in Indonesia. The MoU between Indonesia Power and HydroWing, was signed early September 2022, it will accelerate tidal energy development in Indonesia through site identification, resource assessment and front-end engineering.

Increasing demand for renewables

With increasing cost of fossil fuels, energy transition from Diesel generators and coal power plants to renewable energies are vital for lots of remote islands in the eastern Indonesian archipelago. Both teams will jointly study selected sites in coming weeks to build a first of a kind business case and pilot project. Together with solar energy and battery storage, tidal energy will provide the baseload of a reliant and clean energy system. Teams have jointly visited the first site late September to prepare a resource assessment campaign to be organised before the end of 2022. This deployment will be the first tidal energy power plant in Indonesia.

Quotes

Ahsin Sidqi, Indonesia Power President Director said: “Right now Indonesia Power has 100 year O&M competency in Hydro, hopefully with this collaboration with Hydrowing as a technology provider, Indonesia Power obtains another new competency as a power generation company in the country, to become a trusted energy solution provider. Indonesia Power and Hydrowing together will explore more potential development of Tidal Power Plant in Indonesia.”

Richard Parkinson, HydroWing Managing Director said: “We view Indonesia as a prime market for our technology with an excellent resource and increasing demand for clean and reliable energy. This MOU with Indonesia Power, is pivotal for us and our local partners to move rapidly towards significant commercial scale projects in the Archipelago”

 

 

HydroWing Ltd

Tidal Hydrogen Production Storage and Offtake

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HydroWing in partnership with Tocardo is delighted to introduce the THyPSO (Tidal Hydrogen production, Storage and Offtake), a n innovative and novel concept that creates green hydrogen from the sea, contributing to the wider global decarbonisation of energy systems.

THyPSO is a floating platform, housing 1 – 6 conventional bi-directional tidal turbines that convert tidal flows into electrical energy, which is then directed through an integrated hydrogen production unit, converting the unlimited supply of surrounding seawater into hydrogen, an energy-dense and versatile commodity.

THyPSO has capacity to hold up to two weeks’ worth of hydrogen production in pressurised storage tanks. Offtake is scheduled autonomously by remote communications and discharge occurs within a single slack tide. A simple and safe procedure using an offtake vessel moored down-stream of the device, connected via a pressurised delivery hose.

Hydrogen is a much more versatile commodity than electricity, it can be stored and used for a wide range of applications, eliminating carbon emissions from maritime transport, agriculture, aquaculture, fishing, tourism, leisure, Petro-chemicals, road transport, rail transport and grid balancing.

THyPSO combines the advantages of tidal and hydrogen technologies, mutually overcoming technical and financial barriers faced by each technology alone. By being autonomous of the grid and eliminates expensive and high-risk subsea infrastructure, creating substantial savings on OPEX and CAPEX, as well as installation and decommission.

Another key issue with producing electricity from any renewable source is the intermittency of production. By producing hydrogen instead of electricity, the offtake and onward distribution can be actively managed and scheduled to suit weather windows and market demands at the time. Consenting, installation, and decommissioning are other areas where substantial time and costs can be saved.

The THyPSO project will demonstrate streamlined implementation of tidal energy projects with a view to upscaling and rolling out larger projects across Europe and the rest of the world in the coming years in line with the ever-growing demand for green sourced hydrogen.

Richard Parkinson, Managing Director, HydroWing Limited: ‘This project has shifted our focus to a broader and exciting market where we can make use of our tides to provide a more versatile energy mix into the local communities and beyond. I sincerely hope that we can inspire greater use of green hydrogen in the marine sector as a result of this project.’

Andries van Unen, CEO, Tocardo B.V.: ‘This project provides a new perspective and a versatile use for tidal turbines. The project is well suited to the range of Tocardo turbines allowing us to effectively scale up as demand for green hydrogen increases into the future.’