The European Commission has announced that Denmark would receive EUR 170 million to support the production of renewable hydrogen through Power-to-X technologies. The technologies that will be supported by the funding will be the upscaling of renewable hydrogen production and derivatives, such as ammonia, methanol, an e-Kerosene by using PtX technologies.PtX technologies in this context will cover electrolysers that will produce renewable hydrogen using electricity that has been sourced directly from renewable generation assets.The scheme will support between 100MW and 200MW of electrolysis capacity, and will be awarded via a competitive bidding process that will be concluded by the end of 2023, and will be in the form of a direct grant for a 10-year period.
The European Commission has announced that Denmark would receive EUR 170 million to support the production of renewable hydrogen through Power-to-X technologies. The technologies that will be supported by the funding will be the upscaling of renewable hydrogen production and derivatives, such as ammonia, methanol, an e-Kerosene by using PtX technologies.PtX technologies in this context will cover electrolysers that will produce renewable hydrogen using electricity that has been sourced directly from renewable generation assets.The scheme will support between 100MW and 200MW of electrolysis capacity, and will be awarded via a competitive bidding process that will be concluded by the end of 2023, and will be in the form of a direct grant for a 10-year period.