Everfuel A/S announced that the European Commission granted IPCEI status to the HySynergy 2.0 project led by the company. The IPCEI status enables public funding of the second phase of the HySynergy facility which is developed with Crossbridge Energy Fredericia as a partner. HySynergy 2.0 will produce green hydrogen used to decarbonise industrial processes and transportation.

The project was last year shortlisted by the Danish government as one of two Danish power-to-X projects eligible for public funding if they received IPCEI status by the Commission. Both projects have now received Important Projects of Common European Interest (IPCEI) status as projects that contribute to job creation and sustainable economic growth in the EU. The Danish government has allocated a total of DKK 850 million of funding for the two shortlisted projects.

The Commission approved up to EUR 5.2 billion of public support by thirteen Member States as part of this second IPCEI round to support research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain. IPCEI Hy2Use, includes 29 companies with activities in one or more member states participating in 35 projects. The public funding is expected to unlock additional EUR 7 billion in private investments.

Further information amount of aid to individual participants will be made available in due course. The first phase of the HySynergy project is a 20 MW electrolyser facility in Fredericia, Denmark, which is expected to produce the first hydrogen late this year. HySynergy 2.0, which has now been granted IPCEI status, will extend the existing facility with 300 MW electrolyser capacity.

Phase II of the project will consist of three sections of 100 MW each. The public funding that follows the IPCEI status is connected to building the first 100 MW of the second phase. The HySynergy project aims at producing large quantities of green hydrogen to be used in industry processes by the adjacent Crossbridge Energy refinery and other partners as well as for mobility purposes at Everfuel stations.

By 2025, when the 300 MW electrolyser facility is established, HySynergy will facilitate an annual reduction of up to 500,000 tonnes of carbon emissions from the mobility sector and the industry, which corresponds to 11% of the total carbon emissions from the Danish land-based transport sector.