Høst is a project in the CI Energy Transition Fund I managed by Copenhagen Infrastructure Partners (CIP). The CI Energy Transition Fund I focuses on the next generation of renewable energy infrastructure including industrial scale Power-to-X (PtX) projects and the decarbonization of the so-called hard to abate industries such as shipping, land transport and aviation using green fuels.
The HØST PtX Esbjerg project marks the first investment in the CI Energy Transition Fund I on Danish ground, and the project team is operational on site working from CIP's office in Esbjerg, Denmark.
HØST PtX Esbjerg is a leading, Danish Power-to-X (PtX) project, deploying large-scale industrial use of electrolysis-technology on GW-level to produce ammonia. The ammonia plant will be powered by green electricity from renewables, harvesting the kinetic energy from wind and solar. Based on this CO2-free production process, HØST PtX Esbjerg will be able to offer green ammonia to the market for use in fertilizers and in fuels.
Thereby, HØST PtX Esbjerg is opening the door to decarbonization of hard-to-abate sectors such as shipping, agriculture and industrial applications. Excess heat from the plant will be used for district heating of app. 15,000 households, reducing the carbon footprint of the local utility company, DIN Forsyning. Moreover, the 1GW plant is the ideal, green offtake companion to the continued build-out of low-cost, renewable electricity generation capacity in the North Sea.
Because HØST PtX Esbjerg has such promising potential to decarbonize agriculture and shipping, five Danish industry majors have committed themselves to offtake green ammonia from the plant. The majors are DLG, Danish Crown and Arla which represent the dairy and agricultural industry, while DFDS and Maersk are the leading shipping and logistics companies in the group. Local utility company DIN Forsyning and local municipality Esbjerg are also project partners supporting the local initiatives around sector linkage and energy efficiency.
Next generation renewables
HØST PtX Esbjerg will be among the first gigawatt-scale PtX facilities in Europe, contributing to the much-needed acceleration of the decarbonization journey towards carbon neutrality in 2050. Moreover, it will be a key driver for the establishment of a new industry within next-generation renewables in Esbjerg and in Denmark.
About Copenhagen Infrastructure Partners
Founded in 2012, CIP is today the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity & storage and Power-to-X.
CIP manages ten funds and has to date raised approximately EUR 18bn for investments in energy and associated infrastructure from more than 120 international institutional investors. CIP will accelerate its role in the global energy transition and aim to have EUR 100bn under management in green energy investments in 2030.
CIP has approximately 300 employees and offices in Copenhagen, London, Hamburg, Utrecht, New York, Tokyo, Singapore, Seoul, and Melbourne. For more information, visit www.cipartners.dk