Thursday 3 June 2021

Ørsted and HOFOR agree renewable deal for Green Fuels for Denmark project

Ørsted and HOFOR agree renewable deal for Green Fuels for Denmark project

Ørsted and HOFOR (Greater Copenhagen Utility) have agreed to secure green power for part of the potential 1.3GW Green Fuels for Denmark project to produce sustainable fuels.

Under the agreement, the companies will work towards enabling Ørsted to take the power produced at Aflandshage - HOFOR's 250MW offshore wind project in the Oresund Strait, which is expected to deliver first electricity in 2024/25.

Power from the wind farm could enable parts of the Green Fuels for Denmark's second phase of 250MW and meet the power demand for its first phase.

Green Fuels for Denmark is the country's most ambitious vision for the large-scale production of sustainable fuels and has a decarbonisation potential of 850,000 tonnes.

It is intended to be built in three phases, with around 10MW, 250MW and 1,300MW in total electrolysis capacity.

Under the latest agreement, HOFOR may also place the offshore wind farm's substation at the premises of the Ørsted-owned Avedøre Power Station, with the firms seeking to realise both technical and trading-related synergies between the two projects.

Anders Nordstrøm, Head of Ørsted's hydrogen activities said: “The European ambitions for renewable hydrogen and sustainable fuels have increased dramatically over the past year, mainly outside of Denmark but as a country, we can still play a significant role in this part of the global green transformation. Green Fuels for Denmark is a large-scale flagship project ideally suited to realising Denmark's great potential as a producer of sustainable fuels for heavy transport.

“The agreement with HOFOR underlines the partnership's firm belief that Green Fuels for Denmark can contribute significantly to reducing greenhouse gas emissions and create a new industrial stronghold for Denmark.”

Written by

Bruna Pinhoni

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