To achieve this, the Danish Parliament has proposed a new national Power-to-X (PtX) strategy that will pave the way for a public tender worth DKK 1.25bn ($188m) and accelerate the production of green hydrogen.
With the predicted timeline for this project set at 10 years, the abundant wind resources and expansion of offshore wind capacity will support the production of green hydrogen in Denmark and establish the country at the forefront of the hydrogen revolution.
Denmark also has a central geographical location in Europe and thus could be pivotal in supporting the growth of the hydrogen sector across the continent.
The tender, set for 2023, also comes as a means to displace the reliance on Russian fossil fuel and gas reliance in relation to the ongoing Russian-Ukraine conflict.
Denmark continues to expand its hydrogen sector with Invest in Denmark having helped facilitate more than 1GW projects, among others, the projects of H2 Energy and Lhyfe.
The public-private collaboration and its strong commitment encourages international businesses to establish their plants and projects in Denmark.
Dan Jørgensen, Danish Minister for Climate, Energy and Utilities, said, “With this deal, we strengthen the climate, the Danish industry, and green supply security. I’m very pleased that we have achieved broad political agreement on setting the target so high that Denmark is able to play more than just a national role in the development and production of new fuels.”
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