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Ørsted, partners get USD 5.1m in EUDP funding for renewable hydrogen project

Avedøre Power Station, Ørsted, offshore wind turbines Image by Ørsted

December 20 (Renewables Now) - Ørsted A/S, together with six partners, has received DKK 34.6 million (USD 5.1m/EUR 4.7m) for a renewable hydrogen project from Danish Energy Agency's Energy Technology Development and Demonstration Programme (EUDP), the Danish energy group announced on Friday.

Ørsted's partners in  the project are Everfuel Europe A/S, NEL Hydrogen A/S, GreenHydrogen A/S, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S.

A 2-MW electrolysis plant with hydrogen storage will be built near Copenhagen as part of the project to produce renewable hydrogen for buses, lorries and potentially taxis. The plant will be powered by electricity from Ørsted's two 3.6-MW offshore wind turbines at the Avedøre power station.

The facility is expected to produce about 600 kg (1,323 pounds) of hydrogen daily, enough to power 20-30 buses and to be used for tests in lorries and taxis, according to the statement.

Renewable hydrogen can help Denmark to achieve its goal of cutting greenhouse gas emissions by 70% in 2030, Ørsted's head of hydrogen activities, Anders Nordstrøm said.

The funding for the project is the biggest among the 53 projects that have been granted funding from the EUDP in the second call for applications this year.

(DKK 10.0 = USD 1.479/EUR 1.344)

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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