Danish pure-play renewables company Ørsted A/S (CPH:ORSTED) said today it has teamed up with natural gas infrastructure company Williams (NYSE:WMB) to jointly explore opportunities for developing Power-to-X projects in the US.
The companies have signed a memorandum of understanding (MOU) to identify options for large-scale wind energy, electrolysis and synthetic gas-via-methanation co-development. Such projects will be pursued in western Wyoming, where Williams has land and natural gas infrastructure.
A focus will be put on developing hydrogen or synthetic natural gas facilities powered by renewable energy.
The duo intends to leverage Ørsted's renewables and hydrogen expertise and Williams' natural gas infrastructure assets and processing experience.
“Combining our renewable development and operations expertise with access to large-scale gas transportation networks and infrastructure will further expand the scope of energy solutions we can deliver [..],” said Vishal Kapadia, CEO of Ørsted Onshore. He added that that the new initiative could transform the Danish group’s onshore wind business into a potential growth platform for renewable hydrogen.
Oklahoma-based Williams owns an energy infrastructure network that handles 30% of the natural gas used for power generation, heating and industrial use in the US.
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