Nel ASA: Receives purchase order for an alkaline electrolyser system from Skovgaard Energy
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (OSE:NEL), has secured a purchase order for an alkaline electrolyser system from Skovgaard Energy Aps in Denmark. This system will facilitate the production of green ammonia, marking a significant step towards dynamic green ammonia production powered directly by renewable energy. The project has received support from the Danish Energy Technology Development and Demonstration Program, with a contract value of approximately EUR 4 million and an expected delivery in Q3 2023.
- Contract value of approximately EUR 4 million supports revenue growth.
- Project showcases innovative use of renewable energy for green ammonia production.
- Dependence on successful delivery and operation of the demo plant may pose risks.
- Financial support from EUDP may indicate reliance on government funding.
The green ammonia plant, to be built by Skovgaard Energy and their Danish project partners, Topsoe and Vestas, will be the world’s first dynamic green ammonia plant, where renewable electricity from wind and solar will be connected directly to the electrolyser. This is a demo plant that will test how an ammonia reactor can fluctuate operations based on renewable power input. This will be important learning prior to scaling for future large-scale power-to-X and green ammonia plants. The Danish partnership has been awarded financial support for the project by the
“We are thrilled for this project, which will be an important milestone in the green transition as it showcases green hydrogen production into green ammonia directly from renewable sources. Skovgaard Energy is an exciting client, and we look forward to continue a fruitful relationship with the company and partners”, says Henning Langås, Senior Tender Manager of Nel Hydrogen Electrolyser.
“For this project we selected the alkaline electrolyser technology from Nel as we do not want to risk the project with unfamiliar electrolyser technology. Nel’s alkaline electrolyser is proven technology of high quality, and it will also match well with the intentions of the demonstration project of dynamic operation of the ammonia plant”, says Pat A Han, Technical Director of Skovgaard Energy. The contract has an approximate value of
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Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. We serve industries, energy, and gas companies with leading hydrogen technology. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles - without the emissions.
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