Floating Power Plant strengthens collaboration with global energy leaders

The company expands its advisory panel with international companies to strengthen a new type of energy platform

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The Danish developer of renewable energy technology, Floating Power Plant (FPP), has expanded its End User Advisory Board with three international companies: the Spanish energy company Repsol, the Irish ESB, and a large, yet undisclosed player in the oil and gas industry. This step has been taken to strengthen FPP's flagship project, P-Demo, which has received €26 million in support from the European Commission's Innovation Fund.

- We are pleased to enter into new partnerships with leading global players that not only support our growth but also bring a Lolland-based company into international focus. We look out to the global scene with great enthusiasm while remaining deeply rooted in Lolland and appreciating our local roots, says Morten Loftager Langager, Head of PR and Communication.

P-Demo, also known as the SEAWORTHY initiative, is developing a floating platform that combines wind and wave energy with hydrogen production and storage. The platform is to be placed off Gran Canaria and aims to deliver a groundbreaking solution for renewable energy that can provide power on demand.

Expertise from industry leaders

Petter Øydegard from Repsol Norway states that they wish to promote innovation and sustainability through collaboration. Des Lalor from ESB highlights the project's relevance to their focus on hydrogen and liquid energy technologies.

The advisory board now also includes companies such as Air Liquide, Capital Energy, and TechnipFMC, along with several confidential members. The board's role is to provide practical input and ensure that P-Demo meets the industry's needs.

By combining multiple energy sources and hydrogen technology, the platform offers a robust solution to the needs of energy systems. FPP hopes that P-Demo can open new markets and opportunities in offshore renewable energy.

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