Ørsted secures funding for renewable hydrogen project in Denmark

Ørsted secures funding for renewable hydrogen project in Denmark

A two-megawatt electrolysis plant with hydrogen storage will be constructed in Denmark by Danish power company Ørsted along with its project partners.

Last week, the H2RES project, a demonstration project for renewable hydrogen production, was awarded KR 34.6m (€4.6m) for the demonstration project which will use offshore wind power to produce renewable hydrogen for road transport.

The plant is expected to produce approximately 600kg of hydrogen a day, which is enough to power 20-30 buses, while also making testing its use in lorries and taxis possible.

“Renewable hydrogen could potentially form a cornerstone of Denmark’s ambition to reduce greenhouse gas emissions by 70% in 2030 and of the transition to a world that runs entirely on green energy,” said Anders Nordstrøm, Vice-President and Head of Ørsted’s hydrogen activities.

Project H2RES is formed of Ørsted along with Everfuel Europe, Nel Hydrogen, GreenHydrogen, DSV Panalpina, Hydrogen Denmark and Energinet Elsystemansvar.

“This is a very important project for us to be a part of, and we’re looking forward to the cooperation,” said Niels-Arne Baden, CEO of Green Hydrogen.

“The project will give GreenHydrogen valuable experience and a unique foundation to further develop our electrolysis facilities to meet the requirements of the wind industry, which will be among the very largest players within hydrogen for energy storage.”

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