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In This List

Denmark awards funding to Ørsted-led consortium for renewable hydrogen project

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Denmark awards funding to Ørsted-led consortium for renewable hydrogen project

The Danish Energy Agency's Energy Technology Development and Demonstration Program awarded Ørsted A/S and six industrial partners 34.6 million Danish kroner in funding for a demonstration project to produce hydrogen from offshore wind power.

The partners will build a 2-MW electrolysis plant in Denmark with appurtenant hydrogen storage that will use electricity from offshore wind turbines to create renewable hydrogen for road transport. It is expected to produce about 600 kilograms of hydrogen daily, which will be able to power 20 to 30 buses.

Ørsted's partners for the project, known as H2RES, are Everfuel Europe A/S, NEL Hydrogen AS, GreenHydrogen A/S, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S.

The project will be using power directly from Ørsted's two 3.6-MW offshore wind turbines at the Avedøre power station.

The funding marks the largest award among the 53 projects that have received funding from the development program in the second call for applications this year, according to a Dec. 20 news release.

"Renewable hydrogen could potentially form a cornerstone of Denmark's ambition to reduce greenhouse gas emissions by 70% in 2030," said Ørsted Vice President Anders Nordstrøm, who heads up the utility's hydrogen activities.

Ørsted is also part of a consortium developing a green hydrogen project in the U.K.

As of Dec. 19, US$1 was equivalent to 6.72 Danish kroner.