Everfuel has a hydrogen offtake agreement in place with Crossbridge Energy refinery
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
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
4 December 2024
European Hydrogen Bank’s second auction opens amid uncertainty over green hydrogen sector’s near-term prospects
4 December 2024
Chinese developers are latest to enter the fray as country’s pipeline of green hydrogen projects implies potential investment of $28b by end of decade
27 November 2024
The clean hydrogen sector has endured a difficult year, but it will end 2024 better equipped to fulfil its long-term potential
