Presently, there is a worldwide competition for Green Hydrogen Technology and its production. Now Denmark has made a big announcement. Denmark has stated that it will meet all its energy needs through green hydrogen. Denmark’s plan is to invest $ 34 billion in the economy. This investment will be made in the area of green hydrogen. Denmark wants to meet all its energy needs by producing green hydrogen.
Denmark is building an entire island for the production of green hydrogen. It will be a type of artificial island. The cost of this island will come to around $ 34 billion. Green hydrogen will be produced on this island by electrolysis technology. For this a large number of windmills are also being installed. Electricity will be generated through these windmills. Later, Denmark plans to produce green hydrogen from this electricity. Denmark wants to start this work from the year 2026.
Denmark will meet its energy needs through green hydrogen
Denmark currently has a population of about 6 million. Denmark wants to meet the energy needs of its population through green hydrogen. At this time, people around the world are spreading a large amount of pollution. The result is that the icebergs are melting. And the temperature of the earth is increasing in an uncontrolled way. Which is not at all true for the future of our Earth. Now countries have started paying attention to this.
China and other big countries are emphasizing on eco-friendly economy here. A solar wind park of about 16 square miles has been established in China. Through this, China is generating electricity from solar energy. Other big projects of this kind are currently underway all over the world.
The UK is delivering electricity to its 700,000 homes via solar wind. Whereas Canada has established the world’s largest plant for the production of green hydrogen. It is clear from this that the world is now fully prepared for the production of green hydrogen.
Denmark wants to overtake all these countries. Denmark wants to set up a green hydrogen plant. The project is worth about $ 34 billion. Denmark is building an artificial island for this. This Danish island will be located in the middle of the sea. Denmark can produce electricity to about 3 million homes through this island.
The Danish government has said about the project that about 3 GHz of electricity will be produced in Phase One. Later it will be increased to 10 GW. The Danish government is considered environmentally friendly. Denmark is currently the largest oil producing country in Europe. But he now wants to change it completely. Denmark has announced that by 2050 it intends to shift completely to green hydrogen or another renewable energy source.
Denmark currently meets 40% of its energy needs with wind turbine energy.
Denmark will also use green hydrogen in other areas
Green hydrogen is completely eco friendly. It does not contain any type of carbon footprint. Denmark plans to use green hydrogen in other areas in the coming years. Denmark wants to use green hydrogen fuel, especially in airplanes. Currently large companies around the world are spreading pollution through airplanes. Denmark wants to zero this pollution through green hydrogen. In addition, Denmark wants to fully utilize green hydrogen in the operation of transportation trucks and other areas. Airplanes are causing large amounts of pollution. In such a situation, if Denmark uses green hydrogen in airplanes instead of the fuel currently being used, this step could prove to be a boon for the environment.
Green hydrogen will also be exported to other European countries
Denmark wants to export the bulk of the green hydrogen produced from it to European countries. Denmark says that the project will cost about $ 34 billion. This is a one-time expense. Later this project will be beneficial in its entirety.
Denmark says that we will produce green hydrogen. After this, we want to transport this green hydrogen to other countries through big pipelines. Apart from this, energy will also be supplied to industries and homes through these pipelines laid in the sea. In this way Denmark wants to create a green hydrogen-based economy.
At the same time, European countries Germany and Sweden are ready to buy green hydrogen from Denmark to meet their energy needs. In such an economy, it can prove to be a big step for Denmark.
Denmark will also partner with private sector in production of green hydrogen
This green hydrogen production project in Denmark will cost about $ 34 billion. Which in itself is very much. In such a situation, Denmark also wants to partner the private sector in this project of green hydrogen production.
A Danish minister has said that we also want to have private sector participation in this project. A 49% stake in the green hydrogen plant will be given to the private sector. While the Danish government will hold a 51% stake. However, this green hydrogen project will be fully operational in 2033. The Danish government thinks that by 2026 we will start work on this project. However, it is not yet decided in which part of the country that this artificial island will be made for green hydrogen. But Denmark aims to become a fully green green economy by 2050.
Apart from this, by 2050 Denmark also wants to export green hydrogen to other European countries. Apart from this, Saudi Arabia has also invested heavily in its production of green hydrogen. So it would be interesting to see where the race for green hydrogen stops. Will the world be able to meet its needs through green hydrogen? This is also a big question. Which will be able to answer the coming time only.
The Danish government wants to become a leader in the production of green hydrogen. For this, another project will be started after Face One. Through which it also aims to produce green hydrogen.