Thursday, July 25, 2024
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Home » Danish, German Companies Sign Green Hydrogen Offtake Agreement

Danish, German Companies Sign Green Hydrogen Offtake Agreement

by Antonio Butler
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Danish companies have signed a declaration that they will produce green hydrogen in large quantities to satisfy the green transition-related needs of German industry.

The declaration was released during a German-Danish conference on green hydrogen held at the Confederation of Danish Industry (DI) headquarters here on Monday.

“Green hydrogen is and will be absolutely crucial in the green transformation of the major European energy-consuming companies. And a large part of it should ideally be sourced in Denmark,” Troels Ranis, director of DI Energi, said in a press release.

Ranis noted that the declaration urged Denmark’s politicians to honor the cooperation agreement signed in the spring of 2023, which mandates initiating the burial of hydrogen pipes by the first half of 2024, facilitating green hydrogen transfer between Denmark and Germany by 2028.

According to DI, the German government has already decided to invest nearly 20 billion euros (21.9 billion U.S. dollars) in 9,700 km of hydrogen pipes to connect German industry with green hydrogen production sites, including in Denmark.

The initiative for the declaration came from DI, Green Power Denmark, the German-Danish Chamber of Commerce and Danish companies such as Topsoe, European Energy and Andel, supported by large German companies, such as ThyssenKrupp, BASF, Stadtwerke Flensburg and Uniper.

source

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