POSEIDON
Country
Croatia
POSEIDON is the EU's first commercial wave-to-hydrogen investment: a 50 MW plant combining wave-energy converters and PEM electrolysis at Žigljen (Island of Pag, Croatia), producing up to 7,960 t/year of renewable hydrogen (RFNBO) for North-Adriatic industry and maritime transport. The EUR 276.5 M investment, validated by an operational 1 MW pilot, will avoid ~97,000 t CO₂eq/year and provides a replicable blueprint for up to 2 GW of wave-to-hydrogen capacity along
Lead developer
Leonitus d.o.o.
Project partner
H2 production
Wave-to-Hydrogen Project
Project details
Production volume
H2 production from electrolysis
7,960
H2 tons/year
Final products
7960.00
tons/year of H2
H2 color
Green
Total electrolyser capacity
50.00
MW (Final built out stage)
Total investment (CAPEX)
276.50
EUR m
Value chain coverage
Primary energy sourcing
Dedicated onsite renewables - 50.00 MW
Other - 50.00 MW
H2 production
Polymer electrolyte membrane (PEM) electrolyser – 50.00 MW
H2 Storage
Artificial - 30.00 tons
H2 transport
Trucking
Shipping
H2 distribution for mobility
350 bar (for cars and similar vehicles)
End use
Mobility
Road
Shipping
Industry
Refineries
Other
Project timeline
Planned timeline for First built out stage
Q2 2023
Project initiated
Q1 2024
Concept study completed
Q2 2026
Feasibility study completed
Q2 2028
FEED completed
Q4 2029
Final Investment Decision taken
Q1 2030
Construction started
Q2 2033
In operations