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Topsoe receives public funding for scaling up Power-to-X solutions

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Topsoe will build the world’s most advanced industrial scale electrolyser production facility to speed up commercial-size Power-to-X in the light of the EU’s green hydrogen goals.
This has increased the demand for electrolysers with the recent REPowerEU strategy.
The production facility in Denmark will be able to support the GW-size green hydrogen projects that many developers have at the planning stage.
The Danish Board of Business Development supported this work by granting up to $88.8 million krone (€11.9 million)for the project.
Topsoe CEO, Roeland Baan, said: “Power-to-X technology will play a central role in the green transition, and right now we see a strong momentum for green energy solutions throughout Europe.
“At Topsoe, we are pioneering the Power-to-X landscape with our SOEC technology offering 30% higher efficiency than remaining technologies and even at a lower cost, and we are extremely happy to receive the support and trust from the Danish Board of Business Development to further this technology and pave the way for a faster deployment of Power-to-X nationally and globally.”
Danish Minister for Industry, Business and Financial Affairs Simon Kollerup said: “Power-to-X and hydrogen can become a new business adventure for Danish companies, and it is fantastic to see so many ideas about future green fuels coming from Danish companies.
“It speaks directly to the Danish strategy on Power-to-X to industrialise and upscale production making it easier and more competitive to produce green hydrogen. Power-to-X fuels as replacement for fossil fuels will contribute to lowering CO2 emissions in Denmark and globally and it is vital that the companies have the will, ambitions, and skills to participate in the development.”