BAKU, Azerbaijan, July 19
By Leman Zeynalova - Trend:
Italy’s Saipem company has launched SUISO, a technological solution for the production of green hydrogen, Trend reports with reference to the company.
SUISO combines various renewable energy sources such as floating wind, floating solar and marine energy in a single system. The aim is to power, together or individually, electrolyzes installed on existing offshore platforms for the production of green hydrogen. The technology responds to the growing demand for green hydrogen production and, at the same time, it allows the conversion of oil & gas offshore facilities which have now reached the end of their life cycle. The oxygen resulting from this process can be used in various areas such as aquaculture or seaweed production.
Worldwide renewable energy production is expected to grow by about 2.3 percent each year through 2040, and Saipem is eager to have an important and growing role in that growth trend. For land-based renewable energy production the company is focused on the technologies that most naturally adhere to our core activities: the development of solar arrays, integrated bio-refineries, geo-thermal energy, and waste-to-energy projects. In the North Sea the company developed the world’s first floating wind farm and is working on a project that would develop the first floating solar park, off the Norwegian coast.
Saipem’s ties to the oil and gas industry stretch back more than 60 years, in which time it has been one of the world’s top suppliers of oilfield services and expertise, with close historical links to Italian oil major Eni.
But the global energy system is changing quickly, as net-zero targets are adopted to reduce carbon emissions and limit global warming. While oil and gas products are still expected to play a role in the energy mix for years to come, there is nevertheless a shifting emphasis towards clean energy over fossil fuels.
For Saipem, which has spent years specialising in large, complex engineering projects across the oil and gas sector, this energy transition has accelerated changes to its core business focus, as it contemplates new ways to use its expertise in a low-carbon world.
Offshore and floating wind has been a clear choice, where the technical skills, logistical experience and accumulated knowledge of sea-based projects have obvious transferrable qualities with offshore drilling services.
Indeed, Saipem has recently secured a number of contracts to supply services to major offshore wind ventures, including the UK’s Dogger Bank wind farm and Seagreen project among others.
---
Follow the author on Twitter: @Lyaman_Zeyn