Case
Steeper Energy is expanding operations in Denmark based on its Hydrofaction® technology to create advanced biofuels for heavy and long-haul transport.
Recently, along with 17 partners, Steeper Energy received funding of 30 million DKK from the Danish Innovation Fund for a project aiming at commercialising biofuels for aviation and maritime transportation. The technology transforms bio waste and residual biomass into advanced biofuels within 20 minutes.
Since 2011, the majority Canadian owned company, Steeper Energy, has been present in Denmark. It started with a small R&D office in Zealand and a pilot plant for the production of biofuels from lignocellulosic biomass located at Aalborg University.
In collaboration with Professor Lasse Rosendahl, a biofuels expert at Aalborg University, Steeper Energy set up a proof-of-concept facility at the University’s premises. The company and Professor Rosendahl have conducted many joint research projects. In 2016 Steeper Energy set up its European head office in Hørsholm.
Now, Steeper Energy continues to strengthen its R&D activities in Denmark.
“We have enjoyed being part of the strong Danish cleantech eco-system and our collaboration with universities here as well as with Danish industrial players have been of great benefit to us and the progress seen has convinced us to further invest into our R&D team here in Denmark”
Steeper Energy has hundreds of granted and pending patents across the globe and has fully proved the technology at its existing pilot operations in Denmark.
The company is now expanding its Danish work-force and commercialising Hydrofaction® across Denmark, Europe and North America based on the development work emanating from both its Danish and Canadian demonstration hubs.
The company is now expanding its Danish work-force and commercialising Hydrofaction® across Denmark, Europe and North America based on the development work emanating from both its Danish and Canadian demonstration hubs.
“With the Danish government’s ambitious goal to reduce CO2 by 70 % by 2030, we want to attract companies that focus on innovation and new technology to thrive here in Denmark. One example is Steeper Energy’s project that utilises bio waste and biomass to create green fuels. The innovation is an important step for industries such as heavy transportation that are difficult to turn green. Having a company like Steeper Energy with new green technology is important for Denmark and we are happy to welcome Steeper’s further engagements in Denmark”
ABOUT STEEPER ENERGY
Steeper Energy’s founders have over 30 years of experience in renewable transport fuels and catalytic chemistry as well as a background in utilities and renewable energy project development. It has raised tens of millions of dollars of equity from TOM Capital based in Calgary Canada as well as many millions in grant support from both the Danish and Canadian governments.The Danish company, Steeper Energy ApS (SEA) is the repository for its patented hydrothermal technology (“HTL”) known as Hydrofaction® and Steeper Energy Canada Limited (SEC) is developing a series of commercial projects as well as the home for Steeper’s Advanced Biofuel Laboratory advancing the state-of-the-art in upgrading HTL biocrude.
Support from Invest in Denmark
Invest in Denmark has been in dialogue with Steeper Energy since 2015. The provided services have included introducing Steeper to various sources of funding grants and venture investment, understanding the Danish framework and introductions to relevant industry partners and academia and setting up meetings with relevant partner organizations.Would you like to know more about cleantech in Denmark?
Please contact our dedicated experts here.
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