OUR MONTHLY NEWSLETTER SIGNUP

A list of external and internal media coverage on the Danish Cleantech Hub.

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Renewable energy

Danish Ørsted has Completed the Installation of the First Turbine Foundations in U.S. Federal Waters

June 3, 2020 / Posted by Tone SøndergaardTone Søndergaard / New York, Renewable energy

A Monumental Day

In January 2020 it was announced that the first offshore wind energy project on a federal lease was to start in May 2020 and last week Danish energy company Ørsted and Dominion Energy finalized the installation of the first turbine foundations and it was a true monumental day for the U.S. offshore wind industry. As a first-mover in offshore wind energy, Denmark commissioned its first offshore wind farm in 1991 nd today, the sector contains both technologies and services aimed at all phases of an offshore wind energy project, which creates a growing interest in the US for Danish solutions throughout the supply chain.

Market Forecast

According to the American Wind Energy Association (AWEA), the United States has a vast offshore wind energy resource with a technical potential of more than 2,000 gigawatts (GW) – or nearly double the US’s current electricity use.

Additionally, the U.S. has a total offshore wind pipeline of over 26,000 megawatts (MW) spanning 10 states of the East and Great Lakes coasts. By itself, the State of New York has dedicated itself to 9,000 MW of offshore wind energy by 2035 – enough electricity to power up to 6 million homes. In comparison, European States have within the last 25 years installed a collective sum of 22,072 MW offshore wind, indicating the vast market potential.

New Market Opportunities

Harnessing America’s offshore wind resources presents an enormous opportunity to create tens of thousands of highly-skilled jobs, revitalize coastal communities, and deliver large amounts of clean, reliable energy to the US’s biggest population centers.

“Today is a monumental day for the U.S. offshore wind industry as Ørsted completed the installation of the first turbine foundations in U.S. federal waters.” Thomas Brostrøm, President at Ørsted North America wrote on Twitter on May 27, 2020. “I hope today serves as a symbol for what the future of this industry holds for the U.S.”

As offshore wind energy is gaining traction in the US, the interest and demand for offshore wind technology will increase, making the US and in particular New York State a growing market for energy companies and offshore wind supply chain companies.

Want to Know More?

Danish Cleantech Hub is a public-private partnership, led by the Confederation of Danish Industry and State of Green.

We support the visibility and commercialization of Danish companies and expertise in the U.S. by providing a single point of entry for all cleantech-related activities between Denmark and USA. Danish Cleantech Hub provides tailored assistance to Danish companies and assists all export related activities.

If you are interested in US market opportunities, feel free to contact Louis Funder, US General Manager lfk@di.dk for more information.

Big Danish Companies Join Forces to Deliver Green Hydrogen Project

June 3, 2020 / Posted by Tone SøndergaardTone Søndergaard / New York, Renewable energy

Container shipping group AP Moller-Maersk, airline SAS, logistics group DSV Panalpina, ferry line DFDS, Copenhagen Airports and renewable energy company Orsted have brought together the demand and supply side of sustainable fuels in a unique partnership with the concrete vision to develop a new ground-breaking hydrogen and e-fuel production facility as soon as 2023 as they try to help Denmark achieve carbon neutrality by 2050. When fully scaled-up by 2030, the project could deliver more than 250,000 tonnes of sustainable fuel for busses, trucks, maritime vessels, and airplanes every year.

The project would use renewable energy to produce hydrogen instead of the current way of using natural gas, before using it to make methanol that could be used in ships and aircraft by 2027. A peak capacity employing a 1.3GW electrolyser to make hydrogen from water, the project could save 850,000 tonnes of carbon emissions annually but would need a 3GW offshore wind farm, one of the world’s largest, to power it.

Today, such sustainable fuels come at a higher cost than fossil-based fuels. To become competitive with fossil fuels, the production of sustainable fuels will need to be matured, built at industrial scale, and go through a cost-out journey similar to what has been seen over the past decade in other renewable energy technologies, such as offshore wind, onshore wind and solar PV. As an example, the cost of offshore wind has declined by approximately 70 percent in Northwest Europe since 2012. For this to happen, governments and industry must come together to create a framework that incentivizes private investments in large-scale sustainable fuel production.

Want to Know More?

Danish Cleantech Hub is a public-private partnership, led by the Confederation of Danish Industry and State of Green.

We support the visibility and commercialization of Danish companies and expertise in the U.S. by providing a single point of entry for all cleantech-related activities between Denmark and USA. Danish Cleantech Hub provides tailored assistance to Danish companies and assists all export related activities.

If you are interested in US market opportunities, feel free to contact Louis Funder, US General Manager lfk@di.dk for more information.

Danish-American Roundtable to Discuss Private and Public Climate Action of Tomorrow

September 19, 2019 / Posted by Rune GadeRune Gade / Climate adaptation, Green buildings, New York, Renewable energy, Urban planning

The climate change movement has gained serious momentum in recent years. Spearheaded by government and the private sector, more and more stakeholders are signing up to set and help meet energy and climate targets, taking more responsibility by curbing emissions and making significant investments in clean energy and sustainability measures.

“Both government and private sector action are imperative to achieving clean energy and climate goals. Governments provide the policy foundation assuring industry that investments can be made to the market size and scale that the policy has established. The private sector, in creating its own business opportunities, then brings innovation to the economy, and competition delivers value to consumers. In combination, they both drive market transformation to allow clean energy to become an everyday decision, said John Williams, Vice President in NYSERDA one of the organising partners of the event.

“Corporate and Government Climate Action – The Clean Economy in Denmark and New York” is a high-level roundtable organised by the Confederation of Danish IndustryDI EnergyDanish Cleantech HubState of Green and New York State Energy Research and Development Authority (NYSERDA), which will focus on the impact and nature of the private and public sectors’ climate action commitments towards a low-carbon economy.

-Related news: Strong Danish green footprint at this year’s New York Climate Week

Showcasing initiatives

The timing is perfect. With the UN Climate Action Summit in New York City as the backdrop, the event will convene clean economy leaders from state and city governments, businesses and financial institutions – such as NY Green Bank.

“NY Green Bank exists as a part of the New York State’s comprehensive energy strategy to lean in early to emerging markets and provide financing solutions that are replicable, scalable, and ultimately attract private sector investment. It is the government’s role to implement good policies that generate market activity and enable greater private sector investment,” said Alfred Griffin, President in NY Green Bank

Each path is different, but the idea is for participants to showcase leading collaborative initiatives for confronting and solving climate change.

One of the speakers at the event is Ditlev Engel, Denmark’s Special Envoy for Climate and Energy, and CEO of DNV GL’s Energy business: ”In my work as Denmark’s Special Envoy for Climate and Energy my main focus has been to speed up the global investments in the green transition in order to reach the climate goals. This entails creating an investment climate enabling both institutional investors and the private sector to engage and make the necessary investments. At the ‘Corporate and Government Climate Action’ event, I look forward to engage with both Danish and international stakeholders on how to create the best conditions for climate action”, he said.

-Related news: Securing the framework for offshore wind in New York

Strong line-up of prominent speakers

Speakers at “Corporate and Government Climate Action – The Clean Economy in Denmark and New York” include:

  • Alfred Griffin, President, NY Green Bank
  • Alicia Barton, President and CEO, NYSERDA
  • Lea Wermelin, Minister of the Environment, Denmark
  • Frank Jensen, Lord Mayor, City of Copenhagen
  • Dale Bryk, Deputy Secretary for Energy and Environment, Office of Governor Andrew M. Cuomo
  • Lars Sandahl Sørensen, CEO, the Confederation of Danish Industry
  • Jens Birgersson, CEO, ROCKWOOL
  • Thomas Brostrøm, President, Ørsted North America
  • Flemming Besenbacher, Chairman, Carlsberg
  • Alzbeta Klein, Director and Global Head of Climate Business, International Finance Corporation

“Corporate and Government Climate Action – The Clean Economy in Denmark and New York” will take place in New York City on 24 September, 2019 from 11.30am to 4.30pm.

Programme of the event

11:30am: Lunch & welcome

12:10pm: Executive fireside chat – Green investment: How countries can become magnets for private green investments

12:30pm: Panel session I – Regulatory uncertainty at the city and state level: The role of corporate climate commitments

1:10pm: Break

1:30pm: Executive fireside chat – A renewable future: Driving climate action through offshore wind

1:50pm: Panel session II – Profitability and competitiveness: How the private sector can combine good business with climate goals

2:30pm: Curated roundtable discussions: Common ground and commitments

3:30pm: Reception

Visit the conference website for all he deatils.

New York State 2019 Forecast – Political and Cleantech Trends

December 14, 2018 / Posted by adminadmin / Climate adaptation, New York, Renewable energy

Clean energy forecast in the midterm elections aftermath

The U.S. mid-term elections resulted in a Democratic take-over of the House of Representatives. Democratic House speaker Nancy Pelosi Democrats seem determined to launch a new “better green deal” on climate change and other environmental issues, which have taken a back seat in light of Republicans’ deregulatory agenda. However, forces within the Democratic party are arguing for the more progressive stance that the country should commit to 100 % renewable electricity generation within a decade.

With a Congress mired in gridlock under the Trump Administration, which celebrated Thanksgiving by sweeping an alarming climate action progress port under the rug, it is more likely, however, that the clean energy efforts will be spearheaded by states and cities. The US Climate Alliance currently includes 17 states which have committed to delivering on the Paris Agreement. And, early December it was announced that Ohio became the 100th U.S. city to commit to 100% renewable energy by 2030-2035 (depending on the city), in a national campaign promoted by the influential non-profit, The Sierra Club.

Governor Cuomo Continues to drive New York’s environmental leadership

The two-term New York incumbent Andrew Cuomo was resoundingly reelected to a third term as governor of New York, winning 59% of the votes, which even improved his 2014 showing. His victory came as fellow democrats in Albany celebrated a wave of victories in the State Senate, regaining control of that chamber for just the third time in 50 years.

New York State continues to boast one of the nation’s most progressive Clean Energy Standards committed to the goal of securing 50% of the State’s consumption from renewable sources such as such as solar, wind, and hydro by 2030.

Off-shore wind plays an important piece in the new energy mix for New York, and the East Coast in general, which collectively has committed to produce 8GW by 2030. New York for its part signed up to this virtual East Coast race with a 2.4GW goal by 2030, enough to power 1.2 million homes. That decision has further catalyzed the decision to shut down Indian Point by 2021, one of New York’s four nuclear powerplants, attracting additional investment in clean energy

In New York City, the midterm elections offered a further Democratic boost, which included young rising candidate Alexandria Ocasio-Cortez Ocasio winning a congressional seat to become the youngest woman to join Congress, and Max Rose securing a Democratic victory on Staten Island, New York most conservative borough.

Mayor de Blasio is focused on delivering on the Paris Agreement, and the additional 1.5 C plan the city committed to, as the first one in the world, which includes alignment with the UN Sustainable Development Goals. The City’s 10-year development plan, OneNYC plan, works to deliver on the climate action goal of 80% emission reductions by 2050.

Silicon Valley vs Silicon Alley

In the great West Coast vs East Coast battle to attract investment and talent to the tech world, New York continues to ramp up its “Silicon Alley” brand. While still dwarfed by Silicon Valley venture capital abundance, the Mid-Atlantic region, mainly driven by New York, came in 2nd with 20.4% of all venture capital deals in Q3 2018, against Silicon Valley’s 38.3%.

 

A genuine tech hub

Zeroing in on cleantech, or Urban Tech, as it is dubbed here, New York City has become a genuine hub. The City’s Economic Development Corporation continues to funnel investment into the growing ecosystem by creating more visibility, and opportunity, for investors and companies. As an example, in 2019 New York City’s urban tech sector will be centralized on one single website, and ecosystem, called The Grid.

New York City closed out the year with a big tech announcement with Amazon deciding to set up its second U.S. headquarters (split with Northern Virginia) creating 25,000 skilled tech jobs at $130,000 a year. The move solidifies the City’s position as a tech hub, where Amazon is joining other major job creators such as Google, Facebook, BNY Mellon, Capgemini, JPMorgan Chase and Morgan Stanley.

 

Opportunities abound for Danish cleantech companies in New York

Danish Cleantech Hub, a joint initiative by The Confederation og Danish Industry and State of Green, is in a valuable position to help Danish companies benefit from New York’s consistent commitment to sustainability and climate adaptation. Imbedded in the New York ecosystem system since 2014, Danish Cleantech Hub enters 2019 with a variety of new business opportunities: Circular City Week (March 4-10) is an industry festival organized by Danish Cleantech Hub to boost the awareness of circular economy – a paradigm which Denmark is among the global frontrunners within.

As a second new initiative, Danish Cleantech Hub is part of Access Cities – a multi-city 2.5year program with the aim of testing out emerging, and proven, technology and solutions through a challenge and living lab based approach in New York, Munich, Singapore, Copenhagen and Aarhus.

In addition to that, Danish Cleantech Hub opens the new year as a partner in The Westchester water symposium (January 17), and later on with Word Water Day programming (March 22) through the water network NY Blue Tech co-founded by Danish Cleantech Hub.

Access the article here

Get in Contact

Louis Funder

General Manager, US

(+1) 202 813 2276

lfk@di.dk

Klaus Lehn Christensen

Director

(+1) 646 997 4019

kllc@di.dk

 

Danish Wind Industry Could Play Key Role in New York

March 2, 2018 / Posted by adminadmin / New York, Renewable energy

Read the article (Danish)

New York Welcomes Danish Offshore Wind Expertise

January 26, 2018 / Posted by adminadmin / New York, Renewable energy

Both the policymakers and the population support the project says Doreen Harris, Director for Large Scale Renewables, NYSERDA.

Read the article

Advancing Public-Private Dialogue in Offshore Wind

January 24, 2018 / Posted by adminadmin / New York, Renewable energy

The potential for offshore wind power along the windy shores of Northeastern USA is immense, and the US Department of Energy estimates billions of dollars of investment in offshore wind before 2050. Situated centrally in the heart of this region, New York State emerges as a regional powerhouse of clean energy, with political determination and ambitious climate policies. Read the insights from the eventful afternoon here.

Read the article

New York State Doubles Down on Commitment to Develop Clean Energy Jobs and Growth

January 11, 2018 / Posted by adminadmin / Green buildings, New York, Renewable energy

Read the article

Minister Lars Chr. Lilleholt on Export Promotion Tour in the US

October 24, 2017 / Posted by adminadmin / Green buildings, New York, Renewable energy

Read the article by Viktor Brandt Kærgaard

 

New York Energy Week: Danish Cleantech Hub Teams up with the Danish Energy Agency

June 20, 2017 / Posted by adminadmin / Green buildings, New York, Renewable energy

Read the article by Jakob mose Olesen.

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