The United States and Denmark have just signed a partnership deal on green hydrogen, putting them at the forefront of the race to produce the green fuels of the future for automobiles, ships, and planes.
In Washington, DC, representatives from both countries signed the “US-Denmark Green Hydrogen Alliance” establishing a formal relationship.
The collaboration’s overarching goal is to hasten the introduction of environmentally friendly hydrogen. Both countries’ businesses can gain from this, as they will have a better chance to become pioneers in green hydrogen and Power-to-X.
The “Inflation Reduction Act” is a legislative package that has considerably increased the United States’ goals and support for green hydrogen, among other things. Up to $3 USD per kilogram of green hydrogen produced could be allocated as a subsidy for its development. The maximum amount that can be bid on the next Danish PtX tender is $1.2 per kilogram of green hydrogen.