The Danes from European Energy aim to develop plants for the production of green hydrogen and e-methanol in Romania, after the company announced the completion, this year, of the world’s largest production facility for the two types of fuel, located in Denmark.

“National economies must reach climate neutrality not only by improving the energy mix, but also by decarbonizing heavy industry and transport, addressing process differences and facilitating the expansion of production and use of green hydrogen and e-methanol. Reducing costs will require a variety of political decisions, with a predictable and reliable investment climate, a clear and transparent regulatory framework that allows long-term agreements with partners, financial instruments for risk sharing. Thus, e-methanol and green hydrogen could become more competitive in in terms of prices, compared to the fluctuating quotations of fossil energy, accelerating the transition to the consumption of green fuels, in heavy industry and in transport, thus contributing to the creation of a sustainable market of green hydrogen and e-methanol in Romania,” said Ioannis Kalapodas, director of the Bucharest office of European Energy, quoted by Agerpres.

In the context, the Danish company will complete, in 2023, the construction of the world’s largest e-methanol and green hydrogen production facility, which will probably also be the largest commercial renewable energy plant at a competitive cost.

Against the background of the evolution of the legislation on green fuels (PtX), with an emphasis on green hydrogen, European Energy is also targeting Romania for the development of some power plants.

“Our country aims to intensify its efforts in the direction of renewable energies, as well as to stimulate investments in green energy. The first step was taken by the Romanian Senate, by approving the draft law on the integration of hydrogen from renewable sources and with low carbon emissions in the industry and transport sectors, but this must be complemented by massive investments in infrastructure and the creation of feasible and sustainable market conditions for the extensive production of green electricity,” the company states.

Also, the developer of renewable energy projects in Europe supports the idea of developing “energy islands”, which would ensure an efficient production of green energy and respond to the specific needs of local communities. In addition, he estimates a more active involvement of Romania in international alliances that promote collaboration in the field of renewable energy and advanced technologies, such as the Three Seas Hydrogen Council.

The company is currently behind five announced projects in Denmark and is pursuing the development of PtX facilities in many markets in which it operates, including the US, Brazil and Australia. By the end of this year, European Energy plans to supply green hydrogen to the port of Esbjerg in Denmark from a 12 MW wind farm.

The green e-methanol fuel could play a greater role in decarbonizing certain sectors where options are currently limited, particularly as a feedstock in the chemical industry or as a fuel in road or maritime transport.

Also in 2023, European Energy will complete the construction of the world’s largest e-methanol and green hydrogen production facility, using electricity from the Kasso solar park, with a capacity of 300 MW. Moreover, the excess heat resulting from hydrogen production will be used to heat more than 2,000 households in the area.

The Power-to-X projects will enable the decarbonisation of the heavy fuel industry and the plastics industry, this potential being underlined by the supply agreements with the world’s largest toy company, Lego Group, with the health leader, Novo Nordisk A/S , and with the largest shipping company in the world, Maersk.

Recently, Switzerland’s Metafuels AG and European Energy A/S initialed a Memorandum of Understanding to collaborate on the development and implementation of a sustainable aviation fuel production facility in Denmark.

Founded in 2004 in Copenhagen, European Energy is among the top developers and builders of renewable energy projects worldwide. With a portfolio of over 1GW of renewable energy projects and 23 offices in 18 countries, the company has major investments in solar parks, wind farms, as well as Power to X technology, plus investments in CO2 capture, and from 2021 is successfully developing projects of renewable energy in Romania as well.