The Climate Ministers of the Netherlands and Denmark signed, in June 2020, a Memorandum of Understanding (MoU) on the transfer of 8-16 TWh of renewable energy from Denmark to the Netherlands.
The Netherlands will invest DKK 1 billion in large-scale Power-to-X plants of 100 MW in Denmark. The investment will be used to establish large-scale Power-to-X plants and develop storage and renewable energy technologies for trucks, ships and aircraft.
The collaboration combines Denmark's wind resources with Dutch expertise in hydrogen production. It will also help the Netherlands meet their EU renewable energy targets.