Mundus Nordic Green News – 2 December, 2020

Consortium wants to build large electrolysis plant and hydrogen storage in Denmark

A consortium consisting of Denmark’s Eurowind Energy, together with Energinet, Denmark’s grid operator and the Netherlands' Corre Energy wants to establish one of the world's largest electrolysis plants of 350 MW, combined with an underground hydrogen storage in the empty salt caves between in Jutland. The project has named the Green Hydrogen Hub (GHH).

 

The main purpose for GHH is to secure renewable energy irrespective of the weather. Specifically, the project is looking into the possibility of establishing a 350 MW electrolysis plant, 200,000 MWh hydrogen storage and a 320 MW Compressed Air Energy Storage (CAES) facility, which as the final link in the chain can re-convert the green hydrogen to electricity. By combining seasonal hydrogen storage and daily storage in CAES, consumers can be provided with 100% green electricity 24/7. The project will be able to balance an annual electricity consumption comparable to 280,000 households, and the green hydrogen can also be provided as a sustainable fuel for industry, heavy goods transport, shipping etc.

 

Swedish Ministers welcome Swedish industry battery strategy

The Minister of the Environment and Climate, Isabella Lövin and Minister of Trade and Industry, Ibrahim Baylan participated in the presentation of Fossil-Free Sweden's strategy for a sustainable battery value chain.

 

In conjunction with the launch, Peter Carlsson, the founder of Northvolt, wrote an opinion piece together with Svante Axelsson, from Fossil-Free Sweden and other business leaders, The authors claimed that Sweden has a unique opportunity to build a completely new basic industry, which can both inspire other countries to follow suit and benefit Swedish exports. If it is successful, this will catapult Sweden into fourth place by 2025, only behind China, Japan and the USA. They called for Sweden’s government to spend SEK 5 billion p.a. to train 1000 battery experts each year.

 

Finland’s Neste invests to be able to deliver renewable aviation fuel to Schiphol Airport

Neste, the world's leading producer of renewable diesel and renewable aviation fuel, has acquired a minority stake in Aircraft Fuel Supply BV (AFS). AFS owns and operates the airport Schiphol's fuel storage company in Amsterdam.

 

Sweden gives SEK 300 million more in climate aid

Sweden’s Minister for Environment and Climate, Isabella Lövin (MP), announced that Sweden will contribute with SEK 100 million a year between 2020-2022 to a newly-started World Bank fund, which is seeking SEK 4.6 billion in total investments. The Climate Investment Fund of the World Bank is to focus on the readjustment of heavy industry. Following this announcement, Sweden has pledged a total of SEK 1.1 billion in aid to the Climate Investment Fund until 2022.

 

Sweden to provide subsidies for homeowner to install green technology

Taxes on costs for installing solar cells, storing self-produced energy and for charging points for vehicles will be more generously subsidised by the government. The tax reduction goes towards the costs of labour and materials and includes among other things a 15% tax reduction for the installation of solar cells and a 50% tax reduction on charging points for electric vehicles. The tax reduction may amount to a maximum of SEK 50,000 per person per year.

 

Increased investments in charging posts in Swedish countryside  

"White spots" that lack charging posts for electric cars are to be removed as the Swedish Road Traffic Agency has received SEK 150 million in investment support to improve the electric charging facilities nationwide. In the first round of applications for the aid, seven regions, mostly from Norrland, have received a total of SEK 26 million in investment support to build charging posts where the commercial demand is low at best.

 

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