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Denmark: Broad billion deal puts turbo on new green fuels

With the agreement, Denmark will aim to build an electrolysis capacity of 4 - 6 GW by 2030. With a target of up to 6 GW, Denmark is in the top 3 among the European countries. High ambitions for green fuels are crucial for phasing out fossil energy, reducing climate pressures, supporting green growth and loosening Russia's grip on Europe's energy supply.

The agreement consists of a subsidy scheme of DKK 1.25 billion. in the form of a government tender for hydrogen production, better framework conditions for producers and builds on a number of business promotion measures and pools. This means that the government as a whole has prioritized at least DKK 3 billion. DKK to PtX since 2019.

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