Midia Green Energy

Midia Green Energy is BSOG’s vision in line with the European Union’s Zero Emissions Goal by 2050 that is creating demand for the dramatically increasing use of renewable energy. To this end, utilizing the already existing MGD infrastructure provides a huge advantage for the development of emission free green energy production.

The MGD infrastructure comprises:

  • an offshore platform
  • 126 kms pipeline to shore
  • gas compression station onshore
  • connection to the NTS grid
  • available land surrounding the onshore facilities

Onshore Solar Park Opportunity

MGD owned land are currently available for development of a solar park to supply the MGD project and the regional power grid in the area.

The development is scheduled to reach Final Investment Decision in 4 Q23.

Offshore Wind Farm Opportunity

BSOG and its MGD partners, Petro Ventures Resources and Gas Plus Dacia, have started the permitting process of a power corridor in the Black Sea along its existing MGD Project infrastructure to connect future offshore wind farms to the Transelectrica national power grid (SEN).

With a designed capacity of 3GW and a 126 km length, this first step concerns the first power corridor to be ever permitted in the Romanian Black Sea. Completion of the regulatory procedures are currently contemplated by mid-2024.

MGD Project, with its existing infrastructure, lands and RoWs, is best placed to provide the power corridor to serve offshore wind production and the required reception and SEN connection facilities such as substations and, if required, converters.

BSOG is further investigating developing its own offshore wind farm at an optimum location along the route of the power corridor. With BSOG’s knowledge of developing infrastructure offshore and its access to its own offshore Rights of Way and onshore lands, BSOG is looking to be a part of this very promising industry.

Currently BSOG is monitoring the passage of the new Offshore Wind Law that is currently in Parliament and any concession awards processes once such processes have been established as well as the connection opportunities to the power grid and optimum site location and generation scale.

Green Hydrogen Pilot

Looking to a hydrogen future, BSOG is investigating running a small pilot power plant on the offshore Ana platform to supply the platform’s modest power needs with wind and green hydrogen power in order to reduce the current requirement for emission generating power on the platform and to gain knowledge on the viability of developing a large-scale green hydrogen development at the site in the future.

A pre-feasibility study for the small-scale pilot project has been completed and project FEED is currently under tender.

Large Commercial Scale Green Hydrogen Opportunity

In addition to the onshore Solar Park and Offshore Wind Farm the current optimal view for the MGD infrastructure once the natural gas fields have been depleted is for the production of large scale offshore Green Hydrogen as it would make the greatest use of all of the existing MGD Infrastructure. The Ana platform would contain the electrolysers fed with power from the newly developed offshore wind farm and fed with salt water from the sea. Hydrogen production produced on the platform would be transported via the existing 126km pipeline system to the existing onshore gas treatment plant where it can be compressed and injected into the already accessed NTS system.

BSOG continues to monitor the technological innovations and emerging commercial opportunities for large scale hydrogen production. The small-scale pilot project referred to previously could greatly enhance the understanding of the offshore wind/green hydrogen dynamics at this site. During the strong cash flow generating production life of the gas fields all the upfront design, fabrication, regulatory, tendering and commercial arrangements could be put in place and self-funded such that upon depletion of the Ana and Doina gas fields the infrastructure could seamlessly be turned over to hydrogen production.

Carbon Capture and Storage Opportunity

As an alternative, another possibility for the optimum utilisation of the MGD facilities is to transport, compress and store CO2 into the depleted Ana and Doina Reservoirs.

BSOG will continue to monitor whether the most effective use of MGD infrastructure once the natural gas fields have been depleted, is for Hydrogen production, Carbon Storage or other uses.