Green Fuels for Denmark Receives Danish IPCEI Funding

The Danish Business Authority has awarded the Danish Power-to-X flagship project ‘Green Fuels for Denmark’ DKK 600 million as part of Denmark’s participation in the European IPCEI (Important Projects of Common European Interest) program. The funding will go towards realizing Green Fuels for Denmark’s first phases of 10 MW, 100 MW and 300 MW, respectively.
Green Fuels for Denmark Receives Danish IPCEI Funding
Courtesy of Orsted

The Green Fuels for Denmark consortium consists of Ørsted, who is leading the development of the project, and a number of major Danish logistics companies with global reach. The demand-side partners are: A.P. Moller – Maersk, Copenhagen Airports, DFDS, DSV and SAS. Topsoe, Nel and Everfuel are technology partners on the project, and COWI acts as knowledge partner. By bringing together the leading Danish companies from both the technology and the supply and demand side, Green Fuels for Denmark is ideally placed to develop Denmark’s large potential within Power-to-X while creating jobs and supply chain development in the process.

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.”

The funding from the Danish Business Authority represents a strong contribution to Green Fuels for Denmark, which, as a flagship project, can help advance the Power-to-X industry as a whole to deliver the green fuels that are urgently needed to secure Europe’s regional energy independence and fight climate change.

Green Fuels for Denmark, and the Power-to-X industry in general, remain dependent on competitive supply of renewable power and clear national and international regulations that advance the demand for green fuels and drive out fossil-based alternatives. Together with the necessary framework conditions, the Danish IPCEI funding can contribute to the realisation of this pioneering project.

Christian Poulsen, COO, 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 a 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.“

Green Fuels for Denmark’s first two phases will produce renewable hydrogen to power heavy road trucks and enough e-methanol to power an ocean-going vessel or several ferries. The consortium also plans to start production of green synthetic jet fuel, e-kerosene, in the project’s second phase.

In Green Fuels for Denmark’s later phases, the project could produce a quantity of e-kerosene corresponding to 30 % of the pre-pandemic jet fuel consumption at Copenhagen Airport – far beyond the fuel needed for Danish domestic aviation.

Kim Saaby Hedegaard, CEO Power-to-X, Topsoe, says,“Decarbonization 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 reaching its ambitious targets.”

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