EnergyWatch

Denmark allocates additional PtX funds

Danish parliament's IPCEI agreement doesn't touch Dutch funds previously earmarked by the government for Power-to-X, says energy minister Dan Jørgensen. On the other hand, the allocated DKK 850m will not necessarily go to the common European projects.

Photo: Jens Dresling

With today's allocation of DKK 850m (EUR 114m), a broad majority in Danish parliament followed up with action their many words about the country's role in propagating green hydrogen. This sum constitutes the national contribution to the Important Project(s) of Common European Interest (IPCEI) initiative for hydrogen, subscribed to by 23 countries, providing the opportunity to subsidize single projects far beyond what state aid rules usually permit.

Meanwhile, these aren't the only funds that Danish politicians mean to allot to development of a domestic hydrogen industry.

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