Ørsted has decided to take final investment decision on the H2RES renewable hydrogen demonstration project at Avedøre Holme in Copenhagen, Denmark. H2RES will have a capacity of 2 MW and produce up to around 1,000 kg of renewable hydrogen daily, which will be used to fuel road transport in Greater Copenhagen and on Zealand.

The project is expected to produce its first hydrogen in late 2021.

H2RES will be Ørsted's first renewable hydrogen project in operation and marks a new era in Ørsted's green journey, where the power of offshore wind will be harnessed to decarbonize society beyond direct electrification, offering a path towards zero emissions for otherwise hard to abate sectors.

Ørsted has over the past 18 months partnered with different consortia in seven renewable hydrogen projects in Denmark, Germany, the Netherlands, and the United Kingdom.

The practically unlimited global offshore wind resources are ideally suited to power renewable hydrogen electrolysis. The H2RES project will investigate how to best combine an electrolyzer with the fluctuating power supply from offshore wind, using Ørsted's two 3.6 MW offshore wind turbines at Avedøre Holme.

"Renewable hydrogen will be a cornerstone in achieving Denmark's ambitious decarbonization target, said Anders Nordstrøm, Vice President and Head of Ørsted's hydrogen activities. "H2RES is a small but important step towards large-scale renewable hydrogen production, and it will allow us to demonstrate how offshore wind combined with onshore electrolysis can offer decarbonization beyond direct electrification."

The Energy Technology Development and Demonstration Programme (EUDP) under the Danish Energy Agency has previously awarded DKK 34.6 MM for the development of the H2RES project to Ørsted, Everfuel Europe A/S, NEL Hydrogen A/S, Green Hydrogen Systems A/S, DSV Panalpina A/S, Hydrogen Denmark, and Energinet Elsystemansvar A/S.