INTIEADenmark · Power-to-X (PtX) Tender PoolPolicyIn force

Power-to-X (PtX) Tender Pool

As per the Danish Finance Act, the Danish Government established the PtX tender pool. The grant follows from an agreement that the Danish state entered into with the Netherlands in 2020 on statistical transfer of renewable energy shares to fulfil national obligations under the…

Last changed 2 years ago.

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Country / jurisdiction: Denmark · Year: 2024 · Status: In force · Level: National · Type: Voluntary

As per the Danish Finance Act, the Danish Government established the PtX tender pool. The grant follows from an agreement that the Danish state entered into with the Netherlands in 2020 on statistical transfer of renewable energy shares to fulfil national obligations under the Renewable Energy Directive. The grant has accordingly been created to finance a PtX tender that aims to support industrialisation and scaling up of PtX production in Denmark and thereby reduce costs associated with green hydrogen production. The Danish government has earmarked DKK 11.1 million in 2024, DKK 65.9 million in 2025,  approximately DKK 131.9 million annually in 2026-2034 and DKK 55.0 million in 2035.

Official source: https://fm.dk/media/27458/finansloven-for-2024.pdf

Source

https://www.iea.org/policies/20006

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