EnergyWatch

Danish parliament allocates funds to European H2 projects

The domestic industry applauds a broad political agreement to allot slightly more than EUR 110m to Denmark's participation in the EU's green hydrogen efforts. The final selection of projects is expected within the coming weeks.

EU Commission President Ursula von der Leyen visited Denmark's Avedøre Power Plant on Thursday. Ørsted's Green Fuels for Denmark project is among the selected IPCEIs. | Photo: Claus Bech

A broad majority in Danish parliament has decided to allocate DKK 850m (EUR 114m) to development of Power-to-X projects domestically and in the EU. The sum is meant to comprise the nation's contribution to the Important Project(s) of Common European Interest for green hydrogen.

"With a common European effort, we can both scale up the technology and bring down its price while accelerating the green energy transition in, for example, the shipping and aviation industries, which cannot be electrified directly," says Danish Minister of Climate, Energy and Utilities Dan Jørgensen.

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