Crossbridge Energy, Everfuel finalize green hydrogen agreement
By Becky Schultz11 July 2022
Crossbridge Energy A/S and Everfuel have reached a final agreement for the offtake of green hydrogen from Everfuel’s anticipated 300 MW electrolyzer plant. The agreement represents the second of three phases anticipated for Everfuel’s HySynergy, a large-scale facility in Denmark for production and storage of green hydrogen. Phase 1 included a 20 MW electrolyzer, currently under construction, that will supply 8 tons per day of green hydrogen and is scheduled to be commissioned in fourth quarter 2022.
The HySynergy plant will enable the production of biofuels such as renewable diesel and sustainable aviation fuel, while supporting hydrogen mobility. It will bring over 1000 MW of clean energy to Northern Europe.
Beyond delivery of green hydrogen to Everfuel’s own fueling stations, the HySynergy project will deliver green hydrogen to the adjacent Crossbridge Energy refinery in Fredericia, Denmark. The refinery, which supplies 35% of the total Danish liquid fuel consumption as well as supplies Northern Europe, already began co-processing biogenic feedstock in February 2022 as part of its ambition to be climate neutral by 2035.
“In order to reach that ambitious target, it requires us to act now and explore new ways of working,” said Finn Schousboe, CEO at Crossbridge Energy A/S. He sees hydrogen as the key to unlocking the full potential of green fuels. “With Crossbridge Energy’s refinery and the Everfuel’s HySynergy project, we are now taking a significant leap toward more sustainable fuels as we aim to replace our fossil fuels-sourced hydrogen used in the manufacturing process with sustainable green hydrogen. We are also starting the next part of the Danish Power to X (“PtX”) journey generating renewable fuels from green power.”
Crossbridge and Everfuel have also jointly agreed to further develop opportunities with external parties for the supply of excess oxygen and heat from the hydrogen plant in order to maximize the overall efficiency of the operation, according to the announcement of the agreement.
”Reaching an agreement on the commercial terms is, of course, crucial for the continuous development of the second phase of HySynergy. The partnership with Crossbridge Energy has always run smoothly, and we look forward to continuing to collaborate on building the large-scale PtX facility, which will be a game-changer in the energy transition,” said Jacob Krogsgaard, CEO at Everfuel. “But first of all, we look forward to being in operation on the first phase later this year and deliver the first green hydrogen to our partners and our stations.”