European Energy prepares ground for green plastic production

European Energy has bought a huge lot on one of the southern islands of Denmark with planned investments upwards of EUR 100m in a Power-to-X facility to be completed by 2025.

Knud Erik Andersen, CEO and co-founder of European Energy. | Photo: Gregers Tycho/ERH

Two southern Danish islands of known as Lolland-Falster have long been targeted by project developers. The combination of favorable conditions for wind and not least solar energy, affordable land, and local support have historically been conducive to expansion plans with a strong intention of building more – as in much more. However, the challenge is that the electric grid is maxed out, and energy production exceeds local consumption tenfold.

This aspect is something that European Energy intends to act on. The project developer has bought a 136,000 m2 lot near the Port of Nakskov with the aim of building a PtX facility suited for greater offtake of Lolland-Falster’s green power. Add to this that production would be newly established, given that it wouldn’t otherwise meet the expected requirement for calling its hydrogen production green.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ukrainian utility hit by cyberattack

Russian hackers have allegedly carried out a cyberattack against the largest privately owned utility in Ukraine, DTEK Group. The perpetrators’ goal was to destabilize, the company reports.

Further reading

Related articles

Latest News

See all jobs