Denmark: Green Energy Vault invests 67 million euros in energy storage at fishing port

by Eurofish
fishing vessels in Hirtshals

The Danish port of Hirtshals in North Jutland will receive an advanced facility for storing energy under a new agreement with the company Green Energy Vault. The storage facility will be one of the largest in Denmark. It will lead to significant savings for businesses at the port with high energy consumption—supporting charging infrastructure for maritime vessels and helping to reduce their carbon footprint by making green power more readily available. The facility is also intended to relieve peak loads on the power grid, contributing to the stability of the distribution network throughout North Jutland. Green Energy Vault is expected to invest EUR67 million in the project. Construction of the facility will cost EUR37 million. A further EUR30 million will be spent on running costs over the next 20 years.

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With the announcement of this project, the Port of Hirtshals has further signalled its ambition to become one of the greenest harbours in Europe. The port is already home to several wind turbines. In March 2024, port authorities signed an agreement with Norwegian Hydrogen to establish a “hydrogen closed-loop ecosystem” at the harbour. The system will use energy from the wind turbines to produce green hydrogen, to further decarbonise the port. The Hirtshals Green Energy Vault storage facility is expected to begin operating in early 2026.

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