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orsted-secures-funding-for-renewable-hydrogen-project-in-denmark
orsted-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.

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