Accelerating Power-to-X capacity
With the intention to construct the world’s largest and most advanced industrial scale electrolyzer production plant, Topsoe seeks to rapidly accelerate the adoption of green solutions in particular within Power-to-X. In this field, the company has the leading technology to decarbonize hard-to-abate sectors such as transport, chemicals, steel, and cement.
The new electrolyzer production plant, which will be constructed in Herning, Denmark, will be operational by 2024 and have an annual capacity of 500 MW with scalability up to 5 GW, making it one of the first industrial scale plants of its kind. Construction is scheduled to begin in the second half of this year, subject to Board and other regulatory approvals.
Roeland Baan, CEO at Topsoe, says:
”We are willing and able to support society’s green ambitions and the need to accelerate the energy transition, and we have the technology to do it. With our new electrolyzer production plant, we lead the way in speeding up commercial-size Power-to-X solutions, and we do it with our highly innovative technology that outmatches technologies currently in the market.”
Topsoe is already seeing considerable interest in our Power-to-X solutions and is in advanced discussion with a number of potential partners over future offtake agreements and commitments to reserve capacity from the electrolyzer plant.
Developing a strong Power-to-X industry in Europe will also enforce EU’s ambitions of being independent of energy imports from other regions. The milestone in ensuring large-scale availability of electrolyzers for Power-to-X solutions takes place at the same time as Ursula von der Leyen, President of the European Commission, and state leaders from Denmark, Germany, The Netherlands, and Belgium signed an agreement, in which the parties agree to invest in a ten-fold capacity increase of offshore wind by 2050. The political agreement ensures significant availability of the renewable power needed to supply future Power-to-X facilities in the EU.
Roeland Baan says:
“The agreement between the EU Commission and the four North Sea countries is an important step in the transition to renewable energy. At Topsoe, we are also ready to invest. Our mission as a company is to reduce society’s emissions in 2022 by 12 million tonnes of CO2. By introducing solutions to decarbonize transportation and other hard to abate-sectors, we secure significant CO2 emissions not only in 2022 but for years to come, while also moving closer to energy independence.”
Dorte West, Mayor of Herning Municipality, says:
“There has been a great interest – also internationally – to attract Topsoe’s coming manufacturing plant. The fact that a renowned company like Topsoe chooses Herning makes me happy and proud, and it tells me, that our entrepreneurial spirit and drive is broadly recognized. Sustainability is highly prioritized by the City Council and fits perfectly together with Topsoe’s Power-to-X plans that points to the future. And surely, it’s a great in terms of new jobs in the municipality of Herning.”