Denmark is committed to reaching very ambitious climate action goals as part of its green transition: to reduce overall carbon emissions by 70% already by 2030 (from the 1990 levels) and to run 100% on renewable energy with 80% coming from wind power. Already a global leader in wind technology, energy storage is a key challenge to reach our targets. Denmark is therefore committed to developing power-to-x technology and in particular hydrogen.
Energinet, Denmark’s national Transmission System Operator, is committed to ensure that market players can establish power-to-x clusters and will support the development of markets and infrastructure for hydrogen in Denmark. It has proposed construction of a hydrogen pipeline network and has already piloted 12% hydrogen mixed with natural gas in the existing natural gas grid.
Denmark also actively supports R&D and demonstration projects through various programs including EUDP, which has a dedicated power-to-x fund or The Danish Green Investment Fund, which co-finances projects aiming to generate environmental savings, develop renewable energy sources and increase resource efficiency.
Hydrogen Valley is Denmark’s dedicated hub to help create a new hydrogen economy and is already home to one of Europe’s largest plants for the production of hydrogen.
Overall, Denmark offers favourable framework conditions: a supportive and stable political climate, excellent facilities for R&D and testing, a large talent pool and access to the most reliable power grid in Europe, in a growing market with many business opportunities.
