A chemical image on a hydrogen powered Renault Kangoo on the Hynamics hydrogen station, subsidiary of the Electricite de France (EDF) Group, in Auxerre, France, October 13, 2021. REUTERS/Benoit Tessier
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COPENHAGEN, March 15 (Reuters) – Denmark on Tuesday pledged to construct as much as six gigawatts (GW) of electrolysis capability to transform renewable energy into green hydrogen because it appears to wean itself off fossil fuels and enhance its vitality safety.
Hydrogen is categorised ‘green’ when it’s made with renewable energy and is seen as key to assist decarbonise trade, although the expertise stays immature and dear.
Danish lawmakers agreed subsidies value 1.25 billion Danish crowns ($184.83 million) by way of one tender aimed toward supporting manufacturing and making green hydrogen extra commercially viable.
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“We have had an economy which has been based primarily on oil but in the future it will be based on hydrogen,” local weather and vitality minister Dan Jorgensen stated.
“This will help us to become independent of fossil fuels,” he stated, including that he had motive to count on a quicker approval of the state help from the European Union given the warfare in Ukraine.
The EU is at present struggling to wean itself off Russian fuel, oil and different commodities. learn extra
Denmark’s goal hinges on huge improvement of photo voltaic and wind vitality however Jorgensen declined to say if the brand new settlement would set off new renewable tenders and referred to political negotiations due later this yr.
Electrolysis makes use of electrical energy to separate water into oxygen and hydrogen which may then be used straight for industrial functions or as a gasoline for heavy street transportation or aviation, that are tough to affect with batteries.
The EU targets six GW electrolysis capability by 2024 and 40 GW by 2030. Only round 0.3 GW of manufacturing capability from electrolysers exists right now, knowledge from the International Energy Agency (IEA) present.
($1 = 6.7628 Danish crowns)
(This story refiles to appropriate date)
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Reporting by Stine Jacobsen; enhancing by Jason Neely
Our Standards: The Thomson Reuters Trust Principles.
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