The Energy Technology Development and Demonstration Program (EUDP) in Denmark has allocated green technology grants totaling DKK316.38 million (€42 million), supporting a range of initiatives aimed at advancing sustainable solutions. Notably, the grants will contribute to the development of floating wind projects, technologies to reduce asphalt's CO2 footprint, the conversion of biological residues, and the creation of liquid wind and wave systems.
Lars Aagaard, the Minister for Climate, Energy, and Supply, highlighted the significance of new energy technologies in driving both the green transition and opportunities for Danish companies. Aagaard expressed enthusiasm for the diverse energy technology projects set to receive support from the EUDP, emphasizing the positive impact these initiatives could have on the country's sustainable development.
The EUDP received 88 applications in the autumn, totaling DKK 925 million, with a commitment to supporting 40% of the applicants. Approximately 30% of the applied aid has already been disbursed to the selected projects.
Kim Lehmann, Chairman of EUDP's board, emphasized the program's support for a range of energy projects, varying in size and scope. He expressed anticipation for witnessing these initiatives unfold and contribute to job creation and environmentally friendly outcomes across different sectors of the energy system.
The funded projects align with Denmark's commitment to fostering innovation and sustainability in its energy landscape, reflecting the country's broader efforts to drive the transition towards cleaner and more efficient energy solutions.
