Everfuel signs oxygen offtake deal
Danish developer signs conditional agreement to supply byproduct of green hydrogen production to an undisclosed offtaker
Green fuel developer Everfuel has signed an agreement with an unnamed partner to supply oxygen produced as a byproduct of hydrogen production at its flagship Hysynergy plant in Denmark. The long-term contract includes payment for a capacity reservation of oxygen and a recurring payment for oxygen supply. Everfuel anticipates a minimum revenue of €1mn/yr ($1.05mn/yr) once the agreement is fully implemented. Everfuel has already signed a hydrogen offtake agreement with Danish refinery Crossbridge Energy, a partner on the project, as well as a contract to provide process heat to local district heat operator TVIS. DKK246.3mn – Government grant for Hysynergy project Hysynergy started prod

Also in this section
9 May 2025
Hydrogen quality is an increasingly important area for the sector. Though well-established standards are in place, they typically cover only certain parts of assets and value chain
6 May 2025
European Commission backs hydrogen as best option to decarbonise steel sector, but questions remain over technology choices and funding
2 May 2025
Projects will progress only if they are backed by firm offtake deals, with much of firm’s clean hydrogen portfolio underperforming, Eduardo F. Menezes tells investors
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids