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
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade