When Dong's bright summer turned into a dark winter
NEWS ANALYSIS: Even though Denmark's Dong Energy is poised to present a strong 2016 annual report, this does not make up for the fact that this fall offered several unsettling defeats for the company's crucial offshore wind division.
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.
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.