GreenGo Energy and Ringkøbing-Skjern municipality develop €8B green energy park

GreenGo Energy and Ringkøbing-Skjern Municipality are developing a green energy park with 4GW of hybrid solar and wind energy supplied directly to a new Energy Park with 2GW electrolysis.

Stovstrup 400kV substation east of Tarm in Ringkøbing-Skjern municipality will house the Energy Park.

Megaton, one of the world’s largest fully integrated energy parks, will produce over 1 million tons of green fuels yearly. The project could establish Denmark as a leader in the P2X industry and hydrogen economy. The Energy Park and fully integrated renewable energy projects can help Denmark meet its 2030 targets before 2030.

Megaton will cost more than two Storebaelt (Great Belt) bridges at DKK 60 billion or 8 billion EUR. The Energy Park, renewable energy initiatives, and spin-off firms from byproducts like surplus heat will provide 300-500 permanent local jobs.

GreenGo Energy’s clients and partners—some of the world’s top renewable energy and infrastructure investors—will invest. GreenGo Energy’s Megaton Consulting Engineering team includes P2X experts Arkitema, offshore wind energy experts New Power Partners, and COWI.

Controlling enough renewable energy at the correct price is essential for competitive P2X initiatives, along with scale. To optimize electrolysis with a high constant capacity factor, renewable energy output must be equally spread throughout the year. This requires the correct solar-wind mix.

Thus, Megaton begins with GreenGo Energy’s development portfolio of 4,000 hectares of onshore solar and wind projects in the municipality and 2GW of offshore wind from Denmark’s open-door scheme. Over the next months, Ringkøbing-Skjern municipality and local stakeholders will qualify the energy-producing assets’ ultimate sites. Solar and wind production profiles in Ringkøbing-Skjern municipality can be optimized to optimize Megaton electrolysis year-round.

More than 30% of Denmark’s power consumption will come from the 4GW solar and wind plants’ 11.5 TWh of green power. The Megaton Energy Park will use over 85% to make green fuels.

New local anchoring and value creation standard

An infrastructure project of this size will contribute to Denmark’s transition and directly to the 2030 goal of a 70% CO2 emission reduction, as well as produce value in many new ways for Ringkøbing-surroundings. Skjern’s

The project’s surplus heat of over 1TWh will help extend the local district heating system and create 300-500 permanent local jobs. For the long-term benefit of a major portion of the municipality’s residents, this will assure a green and inexpensive heat supply. The present municipal plan allows new sectors like greenhouses and vertical farming to exploit surplus heat and green power from the portfolio of new wind and solar parks on land and water.

Finally, long-term local co-ownership and anchoring options are being developed. To maximize value, the municipality and the solution’s components will be specified over time.

To assure local co-ownership, GreenGo Energy will issue project shares locally under a new manner. The project will produce local value generation models.

GreenGo Energy has been working with landowners and neighbors of the 350-hectare site adjacent to the upcoming Stovstrup 400kV substation east of Tarm, which the municipality has allocated for energy-intensive companies like P2X.

Location at one of the nation’s main substations is strategic. Here, you can balance enormous amounts of energy and overproduction on sunny days with wind, but you can also use direct lines to carry all production from the related solar and wind parks directly to your power station and consume it in the Energy Park.

In line with the municipality’s strategy

Green transition pioneer Ringkøbing-Skjern municipality. The municipality has experience building wind farms, solar parks, and biogas plants, therefore it wants new power generation plants to be multipurpose and value-creating.

Denmark wants to double land-based green power and construct 4-6GW of electrolysis capacity by 2030. Megaton Energy Park helps achieve these goals.

The local master plan and COWI and Arkitema’s unique Energy Park design and integration idea interact.

All surplus soil will be used to build a mountainous terrain landscape around the Energy Park to create an organic curved “P2X atoll,” a hilly island landscape that protects the Energy Park from views in the otherwise flat landscape with farmland and woodland.

Spruce, pine, grass, and wildflowers cover the hillside around the plant to promote biodiversity and provide a magnificent landscape.

The concept complements Skjern and Tarm’s vision and master plan by creating nature paths, mountain bike routes, nature playgrounds, and a lookout tower with a view of the Energy Park’s energy generation, which is a vital aspect of the park. This makes everything green and appealing.

Offshore wind is a significant part of the wind farm’s energy mix because the Energy Park was built and designed from the outset to maximize renewables use and electrolysis efficiency.

The Megaton Energy Park’s magnitude necessitated rethinking how to engage locally and maximise value production with regard for the surroundings.

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