ADX Energy has revealed today (Oct 5) a collaboration with Windkraft Simonsfeld (WKS) to jointly produce green hydrogen from wind power with subsurface storage capabilities in Austria.
To develop this, a memorandum of agreement (MoA) has been signed between the two companies who will now look to invest in the project as well as collaborate to secure dedicated financial incentives from the Austrian Government and EU to help fund the project.
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Set to be developed in the Northern Vienna basin, the hydrogen project will allow curtailed wind power to be used for green hydrogen production through an electrolyser that will be implemented.
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