Germany commits $1.30 billion to hydrogen projects to strengthen energy cooperation with Denmark
In Spain, Review Energy reported that Germany’s Federal Ministry for Economic Affairs and Energy (BMWE) has signed funding agreements with three hydrogen projects selected under the German-Danish Auction-as-a-Service (AaaS) scheme of the European Hydrogen Bank (EHB), committing approximately $1.30 billion to support renewable hydrogen production in Denmark and strengthen future supplies to German industry through cross-border pipeline infrastructure.
The scheme aims to connect Danish renewable hydrogen producers with buyers linked to Germany’s hydrogen core network, taking advantage of Denmark’s high share of renewable electricity to produce hydrogen through electrolysis at competitive costs.
The three selected projects are Frigg 1, developed by Everfuel Frigg 1 ApS in Vejen, HØST PtX, developed by CI ETF I Hoest P/S in Esbjerg, and Gemini, developed by Kassø Hydrogen I ApS in Kassø.
The projects were selected through a competitive process based on the lowest funding requirement per kilogram of hydrogen, the report added.
The agreements also support the development of the Danish Hydrogen Backbone 1 (DHB1) pipeline.
Category: Hydrogen
