Semco Maritime, a global engineering and project management company, and Hyme Energy, a Danish clean energy start-up, have joined forces to launch a cutting-edge long-duration energy storage project in Esbjerg, Denmark. Hyme Energy awarded Semco Maritime the engineering, procurement, and construction (EPC) contract for the provision of services for the Molten Salts Storage (MOSS) project.
The innovative MOSS project aims to establish an energy storage demonstration plant in Esbjerg, using proprietary corrosion control technology and deploying molten hydroxide salts. The excess energy from solar and wind farms will be stored as heat in 700 degrees molten hydroxide salt at Hyme Energy's long-duration thermal energy storage facilities. This heat can be used to supply inexpensive power and heat for up to two weeks later when required.
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Anders Benfeldt, Senior Vice President at Semco Maritime, said, “We are excited about this partnership, enabling us to back the pioneers at Hyme Energy in their efforts to build a brilliant sustainable solution for the energy sector with Semco Maritime's more than 40 years of engineering experience from the global energy sector. We believe in strong partnerships with early-stage companies like Hyme Energy, who make a difference in the energy transition and have extensive growth potential through scaling of their ground-breaking technology.”
Hyme Energy's CEO, Emil Løvschall-Jensen, stated, “It is a major milestone for Hyme and, we believe, for society as our product can play a significant part in making the transition towards a 100% sustainable energy future more affordable.”
The engineering phase of the MOSS project is due to be completed in the second quarter, with the installation phase scheduled to conclude in the fourth quarter of 2023. The partners have also agreed to explore opportunities to collaborate on Hyme's future larger projects, where its long-duration thermal energy storage solution will enable utilities and industries to decarbonize heat and power generation.
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This groundbreaking project will have a significant impact on the renewable energy industry and contribute to the global efforts to achieve carbon neutrality. By collaborating on innovative solutions, companies like Semco Maritime and Hyme Energy can drive the transition towards a more sustainable future and create a better world for future generations.
