Tag: power-to-X

Ørsted and Skovgaard Energy join forces for Power-to-X

Ørsted and Skovgaard Energy, a Danish renewable energy developer, have signed a letter of intent to cooperate on the development of a Power-to-X facility in one of Denmark’s most attractive sites. The facility will be constructed in stages and can, thus, play a crucial part in both the construction of a large-scale renewable hydrogen export industry for the green transformation of Europe as well as in the launch of the Danish Power-to-X industry.

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Offshore wind and wind-solar hybrid projects have the highest potential to improve green hydrogen economics: GWEC

According to Global Wind Energy Council’s (GWEC’s) “Global Wind Report 2021”, 2020 saw global new wind power installations surpass 90 GW, a 53% growth compared to 2019, bringing total installed capacity to 743 GW, a growth of 14% compared to last year. Going forward, offshore wind and wind-solar hybrids have the highest potential to make green hydrogen commercial.

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