The Energy Technology Development and Demonstration Programme (EUDP), which provides support to a wide range of promising energy projects every year, has just published its annual report for 2023 – a year in which there has once again been a great focus on a green transition and efficiency improvement in the energy sector, EUDP informs in a press release.
This has led to 169 applications being submitted to EUDP in 2023, of which 67 received commitments for support from EUDP's board. In total, projects with a total value of 1.36 billion DKK were initiated in 2023 with a total support of 543 million DKK. kr.
"The new government has chosen to increase the ambition for Denmark when it brought forward the climate neutrality target by five years - from 2050 to 2045. This underlines the continued need to think new and innovate in the energy sector, so that we can keep up with the times and reach even further than we already are today. The Energy Technology Development and Demonstration Programme plays an important role in achieving the ambitious energy policy targets", writes EUDP's chairman, Kim Lehmann, in the annual report.
In 2023, grants were awarded for support in amounts ranging from 0.1 million kr. to up to 79.6 million. DKK. It was the project, "Wind turbine main bearing test facility", under Green Labs, which will develop a world-leading test facility for wind turbine main bearings, that in 2023 raised the largest commitment amount. Overall, however, it is the area "Hydrogen, fuel cells and Power-to-X" that in 2023 has received the largest share (25 percent) of the subsidy kroner from EUDP.
Ensures the implementation of projects that would otherwise have been dropped
In the annual report, you can learn more about how the funds from the support program have been distributed - both in 2023 and historically. Among other things, EUDP is subject to a major external evaluation every four years - the latest in 2023.
It is concluded here, among other things, that the program has contributed to the phasing out of fossil fuels, CO2 displacement and to security of supply, that EUDP is increasingly contributing to the green transition of industry.
During the evaluation period, 2015-2022, EUDP has granted 3.3 billion kroner to 565 projects. For these projects, it is concluded, among other things, that:
- 78 percent of the projects are highly successful and 15 percent to some extent, assessed in relation to the original objectives.
- 99 percent of the projects would not have been implemented without support from EUDP.
- The EUDP grants contribute to approximately 7,000 more full-time equivalents, corresponding to approximately 1.6 full-time equivalents per million kroner.
"Many of the energy technology solutions we see today have had their beginnings as EUDP projects. Without EUDP we would not have come as far as we have,” says the annual report from Kim Lehmann.
Since the program's establishment in 2007, EUDP has provided grants to more than 1,200 innovative projects with over 6.2 billion DKK.
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