Six large Danish companies (AP Moller-Maersk, airline SAS, logistics group DSV Panalpina, ferry line DFDS, Copenhagen Airports and renewable energy company Orsted) are teaming up to create green hydrogen to fuel ships, trucks, aircraft, and heavy industry.
They plan to open their first facility powered by hydrogen by 2023, reaching full capacity by 2030, and helping Denmark to become fully carbon neutral by 2050.
At peak capacity a 1.3GW electrolyser will make hydrogen from water. The project would draw electricity from a 3GW offshore wind farm. It is estimated that the project will save 850,000 tonnes of carbon emissions annually.
The price of wind generated electricity has dropped by about three quarters in the last ten years. If this trend continues it will help alleviate concerns about the affordability of hydrogen fuel.