Denmark Adds 5.6 Billion Kroner in Support for Hydrogen Pipeline to Germany - The Copenhagen Post
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The state is taking a greater risk with the hydrogen pipeline by providing an additional five billion kroner in support in a new agreement.
Denmark adds 5.6 billion kroner in support for hydrogen pipeline to Germany - The Copenhagen Post
Denmark’s government and several parties in parliament have agreed to provide an additional 5.6 billion kroner in operating support for a planned hydrogen pipeline from Jutland to Germany, while easing financial requirements for producers. The funding comes on top of 10.9 billion kroner already allocated to the project. The agreement means the state will take […]
The state is taking a bigger risk with the hydrogen pipeline by providing an additional five billion kroner in support in a new agreement. Public support for the hydrogen pipeline from Jutland to Germany will now be significantly increased. In a new agreement between the government and several parties in the Danish Parliament, an additional 5.6 billion kroner will be allocated for operating support. This comes on top of the […] The article: Dani…
“A big handout to the hydrogen industry” is intended to ensure that the hydrogen pipeline to Germany can become a reality by letting the state bear a greater share of the risk.
The government has now decided to increase support for the hydrogen pipeline 7, which will transport climate-friendly hydrogen from Esbjerg to the German border. The operating support will be increased by 5.6 billion kroner, so now totals 16.5 billion kroner. In addition, the hydrogen producers' bookings will no longer be binding. Energinet states this in a press release. "We are entering the project with open eyes, the hydrogen market is still …
Uncertainty about a hydrogen pipeline in Jutland could cost Danish projects DKK 11 billion, which has been allocated by Germany and the EU.
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