Neptunus

Next generation offshore wind 

Access to fossil-free energy is crucial for achieving set climate goals, transforming industries and transportation, and attracting new investments and business establishments. Offshore wind power provides large-scale electricity production at low production costs and can deliver large amounts of electricity quickly with a construction time of approximately three years. 

OX2 is planning an energy farm in the southern Baltic Sea, about 50 km southeast of Blekinge. The planned energy farm is called Neptunus and is located in Sweden’s economic zone. 

Fully developed, the energy farm is expected to have an installed capacity of approximately 2-3 GW, which means a significant addition of renewable energy to Sweden each year. Neptunus will be able to produce up to 13-15 TWh annually, which corresponds to the entire electricity needs of Blekinge and Skåne today. The planned electricity production would also enable hydrogen production. 

More information about the project can be found in Swedish 

Oxygenation of the Baltic Sea  

Together with SMHI, Stockholm University, and NORCE, OX2 is participating in the research project BaltVent on the possibility of oxygenating the deep waters of the Baltic Sea with oxygen from hydrogen production in connection with offshore wind power.  

In partnership with Ingka Investments  

OX2 develops Neptunus together with Ingka Investments, part of the IKEA sphere, which is a partner in the project. The IKEA sphere is a long-term owner with high climate goals. They invest heavily in renewable energy production and today own over 2 GW of renewable production. Read more here