To reach net-zero emissions in 2050 Denmark will need scaled, cost-competitive production of green fuels for the road, maritime, and aviation sectors.
Today, Ørsted is joining forces with Copenhagen Airports, A.P. Moller – Maersk, DSV Panalpina, DFDS, SAS and the City of Copenhagen to develop an industrial-scale facility which is to produce green fuels for road, maritime, and air transport in the Greater Copenhagen area. The project is being supported by COWI and BCG.
The vision is to build a 1.3GW electrolysis facility to produce green hydrogen based on offshore wind power. The green hydrogen will be used as a fuel directly in trucks and busses or developed into e-methanol for vessels and e-kerosene for aviation. The fully scaled facility can reduce annual carbon emissions by 850.000 tons.
“The project could be a defining leap forward for the production of sustainable fuels in Denmark, which will further reinforce the country’s role as a green technology leader,” says Henrik Poulsen, CEO and President at Ørsted.
Sustainable fuels must become competitive with fossil fuels over the coming decade through cost-out engineering, maturation and scaling of e-fuel technologies to enable an accelerated decarbonisation of heavy transport and industry sectors towards 2050.