Power-to-X opportunities in Denmark - Invest in Denmark

As a global leader in wind energy surrounded by ocean, Denmark provides some of the best conditions in Europe for large scale PtX projects.

The EU Power-to-X ambitions includes the aim of installing at least 6 GW of renewable hydrogen electrolysers in the EU by 2024, and 40 GW by 2030.
This requires availability of a tremendous amount of renewable power supply.

Denmark has focused on green energy supply for more than 40 years. Today, more than 75% of the energy in the Danish electricity grid is from renewable sources – one of the highest levels in the world, and 100% green electricity in the grid is foreseen by 2027.

On top of this Denmark provides huge offshore wind power resources. The Danish sector of the North Sea potentially could provide 40 GW of offshore wind power, which corresponds to three times more than the expected total Danish power consumption by 2040.
In parallel with the ongoing establishment of additional offshore wind farms, Denmark has planned two “energy islands”, one in the North Sea, which potentially could provide 10 GW of power, and one in the Baltic Sea providing 2 GW of power.

The Danish TSO Energinet’s Power-to-X vision includes GW scale electrolyser facilities at the Danish North Sea coast connected to hydrogen pipelines making it feasible to export green hydrogen to the future huge German market, and making it possible to store huge quantities of green hydrogen in the Danish salt caverns.