Minister of climate, energy and supply Dan Jørgensen broke ground on Europe’s largest power-to-x plant: The HySynergy plant in Fredericia
Fredericia, Denmark, 18 August 2021 - Today, Everfuel, Crossbridge Energy A/S and the Minister for Climate, Energy and Supply broke ground on what will become Europe’s largest Power-to-X plant; HySynergy.
The HySynergy project will be the largest of its kind in Europe and will become a 20 MW electrolysis and Power-to-X plant during its first phase of operation. It is expected to be finished by summer 2022. It is expected that the plant will be expanded to 300 MW in 2025 during the second phase.
HySynergy’s second phase will have the capacity to reduce the Danish land-based transport sector’s carbon emissions by up to 11% as soon as 2025, which will contribute to the Danish government’s 70% emissions reduction target ahead of 2030.
”Today is a big day – both for us, but also for the future development of Power-to-X. By 2025, HySynergy will facilitate an annual reduction of up to 500,000 tonnes of carbon emissions from the mobility sector and the industry, which corresponds to 11% of the total carbon emissions from the Danish land-based transport sector. We will continue the work to establish Fredericia and the Triangle Region as an energy hub for Power-to-X and green fuels.” – Jacob Krogsgaard, CEO of Everfuel.
The establishment of HySynergy includes a significant upscaling of the green hydrogen production in Denmark. The largest buyer of green hydrogen from HySynergy will be Crossbridge Energy A/S, which owns the site of the plant and is key to ensuring that the green fuel will quickly create a noticeable effect on the Danish climate reports.
”Today, we are breaking ground on the hydrogen factory HySynergy, which will make a significant green impact on Danish transport in a year. Right from the first hydrogen production, fossil fuels will be replaced with green fuels. This is because we can utilise the green hydrogen in our production at the Crossbridge Energy A/S refinery, which today delivers 35% of the Danish fuel consumption.” – Finn Schousboe, CEO for Crossbridge Energy A/S.
Fredericia has the infrastructure for quick upscaling and to supply the Danish people with green fuels, but the close cooperation between Crossbridge Energy A/S and Everfuel provides a unique opportunity to utilise the green hydrogen from day one – and to ensure an economically sustainable market for HySynergy’s hydrogen production.
Background
HySynergy is a green project collaboration between Everfuel, Crossbridge Energy A/S, EWII, TREFOR, Aktive Energi Anlæg, TVIS and ENERGINET, and will scale the production and storage of green hydrogen.
HySynergy is one of the six Danish projects nominated to participate in a large-scale European project on green hydrogen called IPCEI (Important Project of Common European Interest). HySynergy’s participation in IPCEI will contribute to a significant carbon reduction in Denmark and Europe by phasing out fossil fuels in the transport sector.
For additional information, please contact
Torben Øllegaard Sørensen, External Relations Advisor, Crossbridge Energy Fredericia, +45 4077 9257
Lea Vindvad Hansen, Investor Relations & Communications Manager, Everfuel, +45 6183 0205
About Everfuel | www.everfuel.com
Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fueling solutions. We own and operate green hydrogen infrastructure and partner with vehicle OEMs to connect the entire hydrogen value chain and seamlessly provide hydrogen fuel to enterprise customers under long-term contracts. Green hydrogen is a 100% clean fuel made from renewable energy and key to electrification of the transportation sector in Europe and a sustainable future. We are a young ambitious company, headquartered in Herning, Denmark, and with activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo under EFUEL
About Crossbridge Energy A/S
The refinery’s vision is to be a CO2 neutral refinery. Today, the refinery produces about 35 pct of the Danish consumption of fuels – and exports an equal amount to foreign markets. The refinery is Europe’s most energy efficient refinery and has the logistics and size to scale up the application and consumption of green hydrogen in Denmark, faster than any other project. The refinery employs 240 people.
