The Danish Business Authority announced on Friday, December 16, that they have awarded DKK 600M (approximately €80M) towards the Danish Power-to-X flagship project ‘Green Fuels for Denmark’ as part of Denmark’s participation in the European IPCEI programme.
The fund will help accelerate Green Fuels for Denmark’s first phases of 10 MW, 100 MW, and 300 MW, respectively, as green fuels are needed to secure Europe’s regional energy independence and fight climate change.
The Green Fuels for Denmark consortium is led by Ørsted along with participation from A.P. Moller – Maersk, Copenhagen Airports, DFDS, DSV, and SAS.
Anders Nordstrøm, Chief Operating Officer Ørsted Power-to-X, says, “We’re very pleased to have received funding from the Danish government for Green Fuels for Denmark, and we’d like to commend Denmark for taking a leading role in fighting climate change also in the hard-to-abate sectors. Power-to-X can become Denmark’s next green business stronghold, and with the right, supportive regulation, ‘Green Fuels for Denmark’ is uniquely placed to lead this second phase of Denmark’s green success story.”
Topsoe, Nel, and Everfuel are technology partners, while COWI remains a knowledge partner.
The project is also supported by Molslinjen, The City of Copenhagen, and the Capital Region of Denmark.
Green Fuels for Denmark: What you need to know
‘Green Fuels for Denmark’ is Denmark’s Power-to-X project, aimed at producing renewable hydrogen, e-methanol, and e-kerosene to decarbonise heavy transport.
Kim Saaby Hedegaard, CEO of Power-to-X, Topsoe, says, “Decarbonisation of heavy transportation is a tough challenge for society and one that we need to solve now to reach net zero in 2050. We are thrilled to support with our expertise in Power-to-X solutions and to help this visionary project reach its ambitious targets.”
The project will be placed at Ørsted‘s Avedøre Power Station in Copenhagen, which will also supply biogenic carbon for producing e-methanol and e-kerosene.
According to Ørsted, the project’s first two phases are set to produce renewable hydrogen to power heavy road trucks and e-methanol to power an ocean-going vessel or several ferries.
Additionally, the consortium also plans to produce green synthetic jet fuel, e-kerosene, in the second phase.
Post the second phase, the project could produce a quantity of e-kerosene of about 30 per cent of the pre-pandemic jet fuel consumption at Copenhagen Airport.
Christian Poulsen, COO of Copenhagen Airports, says, “Power-to-X is key to a green transition for aviation, and it is crucial to get the development and production going. Together with the necessary framework conditions, the Danish IPCEI funding can contribute to the realization of Green Fuels for Denmark and lead the way for more sustainable aviation. At Copenhagen Airports, we are proud to be part of the journey and happy that the project has reached this important milestone.”
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