A cost efficient and renewable way to produce energy by using an innovative wind-powered system.
The green hydrogen generation system here introduced is the key to cover the fast-growing demand of energy that the world is currently facing. Hydrogen is the most abundant element in the universe and offers a sustainable and efficient alternative to fuel for energy production.
The production cost is lower than that from any other current process, including the non-renewable sources.
The innovative system at hand is thought to be applied to large vessels, based on a mobile system, without the need to install any fixed structure and avoiding landscape impact.
bound4blue will be able to cover strategic or exceptional geographical demand or to maximize the efficiency using high-wind areas.
bound4blue is the first ship specifically designed for the production of hydrogen and oxygen by means of sea water electrolysis in an efficient and sustainable way.
Our process is based on the next steps.
The wind force drives the boat allowing its movement, which generates a water flow through the submerged turbines. The mechanical energy obtained is then converted into electricity and used for the electrolysis process of seawater. Hydrogen and oxygen produced is stored in high pressure tanks. Once the ship is completely full, it returns to the port to empty these tanks and re-start the process.
50% of the hydrogen production comes from natural gas, but it’s price increase and volatility and the global need of reducing the polluting emissions makes us think about a change!
Nowadays, only 4% of the hydrogen consumed is produced by electrolysis using renewable resources. Today, the electrolysis process is not cost-efficient because of the high price of the electricity needed to do it, but that’s exactly what we solve with bound4blue.
The development is fully justified by just looking at the current market volume of hydrogen and oxygen. Hydrogen has a market of more than 130 B€ per year, with growth rates of more than 5% per year. Also, oxygen production market in 2010 reached 100 million annual tons!