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Denmark's Competitive Edge: Affordable Green Energy Solutions for Hydrogen and Power-to-X Ventures

Denmark has taken a monumental step by offering large electricity consumers the flexibility to choose between competitive pricing and supply security. This brand-new initiative ensures a cost-effective energy landscape, making Denmark an ideal destination for foreign companies engaged in hydrogen and power-to-x technologies.
When 03.11.2023
What
Cleantech Hydrogen Power-to-X Wind Power

Key insights from Denmark's latest milestone in the realm of sustainable energy:

✔️ Affordable Green Energy

Denmark's commitment to renewable energy sources, such as wind and solar, has resulted in a surplus of clean electricity. This surplus, combined with a forward-thinking approach to energy pricing, has led to remarkably competitive rates. Foreign companies exploring hydrogen or power-to-x ventures in Denmark can leverage these affordable energy prices to enhance their operational efficiency and competitiveness on a global scale.

✔️ Flexibility for Large Consumers

The recent policy shift provides large electricity consumers with the flexibility to choose between price and supply security. This tailored approach ensures that businesses, especially those involved in energy-intensive processes like hydrogen and power-to-x production, can optimize their energy costs based on their specific requirements and business models.

✔️ Sustainable Partnerships

Denmark's emphasis on sustainable energy solutions and its preparedness to collaborate with foreign companies create a conducive environment for international businesses. By partnering with Denmark, companies can access not only affordable green energy but also expertise, innovation, and a supportive ecosystem to drive their projects forward.

✔️ Strategic Location

Situated at the crossroads of Europe, Denmark offers strategic logistical advantages for companies engaged in the energy sector. Access to efficient transportation networks and proximity to key European markets further enhance the appeal of Denmark as a hub for hydrogen and power-to-X endeavours. E.g. Denmark and Germany have signed an agreement on a land-based hydrogen pipeline connection between the two countries from 2028, which means the Denmark will be able to supply up to approximately 25% of the future German demand for green hydrogen if Denmark makes use of most of its additional offshore wind potential in the Nord Sea for green hydrogen production.

Why Invest in Denmark

By choosing Denmark as your business destination, you can benefit from cost-effective electricity prices, sustainable energy sources, and a business-friendly environment. Collaborate with us to transform your vision into reality, harnessing the power of affordable green energy to drive innovation, growth, and sustainability for your business.

Get in touch Want to learn more about Denmark's affordable green energy solutions and explore investment opportunities in the country?

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