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Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport

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Ørsted (formerly DONG Energy), Everfuel Europe A/S, NEL Hydrogen A/S, GreenHydrogen AS, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S have been awarded funding of DKK 34.6 million (US$5 million) for the H2RES project from EUDP’s second 2019 call for applications. Avedøre Power Station on Avedøre Holme.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Topsoe to build demonstration plant to produce cost-competitive CO2-neutral methanol from biogas and green electricity

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The technology heats the process using green electricity from wind turbines or solar panels instead of natural gas. The demonstration plant will be located at Aarhus University’s research facility in Foulum, Denmark, and receives funding from EUDP (Energy Technology Development and Demonstration Program). By Sebastian T.

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