The nation plans to pivot towards energy independence
Denmark to subsidise hydrogen production
Cross-party agreement was reached on funding following Russia’s invasion of Ukraine
The Danish government will provide a DKK1.25bn ($200mn) state subsidy scheme for hydrogen production as part of a new plan to build 4-6GW of electrolysis capacity by 2030. A cross-party agreement was reached on the funding following Russia’s invasion of Ukraine. “Europe is intensely searching for alternatives to fossil fuels, and we are in a hurry not only to become green, but also to become more independent from Russian fossil energy,” says Dan Jorgensen, minister for climate, energy and utilities. The government will also present a plan for expanding onshore and offshore renewable energy generation in Denmark to power the electrolysers. 4-6GW – Targeted electrolyser capacity The hydrog
Also in this section
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
