This study investigates the research question: “To what extent is Power-To-X technologies techno-economically1 viable in conjunction with the off-shore wind farms planned for the North Sea by 2030 and which benefits could the Power-To-X technologies offer to the efforts of reducing GHG-emissions?”. To investigate this an abductive research approach was utilized, as the study creates a hypothesis, which will be used in combination with some objective values to infer the techno-economic viability and the GHG emission reductions of a suggested PtX plant. Furthermore, to infer the possible approach to make the suggested PtX plant more techno-economically viable. The hypothesis will be created through two theories, path-dependency, and institutional change. The objective knowledge will be created through multiple scenarios which will be modelled and tested in different constraints.