Danish Prime Minister Mette Frederiksen visits Crossbridge Energy A/S and Everfuel in Fredericia

Danish Prime Minister Mette Frederiksen visits Crossbridge Energy A/S and Everfuel in Fredericia

11 Nov 2021 13:36 CET

Fredericia, Denmark, 11 November 2021 - Today the Danish Prime Minister, Mette
Frederiksen, visited Crossbridge Energy A/S. A visit with a focus on jobs in the
green industry of the future in Fredericia, and on the collaboration with
Everfuel on the PtX-facility under construction.

Crossbridge Energy A/S has stated a clear ambition of becoming a climate neutral
refinery by 2035 - which will make the refinery a prime example of the green
transition for the city of Fredericia to be proud of. A large share of that
vision will be accomplished through the collaboration with Everfuel on the Power
-to-X facility, HySynergy, which will deliver green hydrogen to the refinery.

A green job transition in Fredericia

During the visit, Crossbridge Energy A/S and Everfuel communicated the
companies' wishes to contribute to the local and climate-friendly development in
the region to the Prime Minister, Mette Frederiksen and Mayor of Fredericia,
Steen Wrist.

Fredericia must be home for the green transition - both today and in the future.
The two companies acknowledge a responsibility to ensure and create attractive
jobs in Fredericia during that transition - for instance by building and scaling
the PtX-facility.

"Today we employ +200 people, and an additional 50-100 people from our suppliers
on a daily basis. On a national level, it will create up to 2000 jobs based on
the refinery's activities. Those jobs have to still be here in 2035 when the
refinery has reached climate neutrality. We have to dare to be a part of the
transition to ensure local jobs in the future and contribute to creating an
attractive municipality," says Finn Schousboe, CEO at Crossbridge Energy A/S.

Securing the transition of jobs needed in the future while fostering the green
agenda are key issues for the Mayor of Fredericia, Steen Wrist:

"Crossbridge Energy and Everfuel have set highly ambitious targets for all of
us, which makes me proud on behalf of the city. These targets will change
Fredericia's collective climate goals for the better, while ensuring a stable
development in Fredericia with attractive jobs. I am following the collaboration
between Crossbridge Energy and Everfuel closely, as they can be key players in
creating the green jobs of the future in Fredericia," says Mayor of Fredericia,
Steen Wrist.

Approaching the green future

During the visit, Everfuel and Crossbridge Energy A/S, presented Europe's
largest Power-to-X facility under construction to Prime Minister, Mette
Frederiksen.

Everfuel and Crossbridge Energy A/S are working closely on the HySynergy
project, where phase I is a 20 MW electrolyser and PtX-facility set to be in
operation in the second half of 2022. The project is planned to be expanded in
phase II to 300 MW in 2025, and possibly to 1 GW in 2030.

"With HySynergy we will be able to reduce CO\2\-emissions with as much as
500.000 tons per year, which equals about 11 % of the CO\2\-emissions from the
Danish land-based transportation segment. We have a clear ambition of
continuously contributing to a climate neutral Denmark, while simultaneously
establishing Fredericia and The Triangle Region as an energy hub for Power-to-X
and green fuels," says Jacob Krogsgaard, the CEO at Everfuel.

The construction of HySynergy entails a significant scale in the production of
green hydrogen in Denmark, which ensures that the use of power from renewable
energy can be decoupled from time and place of production. The largest offtaker
of green hydrogen from HySynergy will be Crossbridge Energy A/S, whose premises
the facility is being build upon. HySynergy will have a pipeline directly into
the refinery which guarantees a rapid effect on the Danish carbon footprint.

Additional information:

Crossbridge Energy A/S: Torben Øllegaard Sørensen, [email protected],
+4540779257

Everfuel A/S: Lea Vindvad Hansen, [email protected], +4561830205

Background:

HySynergy is a green project created in collaboration between Everfuel,
Crossbridge Energy A/S, EWII, TREFOR, Aktive Energi Anlæg, TVIS and ENERGINET in
order to scale the production and storage of green hydrogen.

HySynergy's phase II has progressed to potential IPCEI (Important Projects of
Common European Interests) funding to support a European large-scale green
hydrogen project.

About Crosbridge Energy A/S: www.crossbridge.dk

The refinery's vision is to be a CO2 neutral refinery. Today, the refinery
produces about 35 pct of the Danish consumption of liquid fuels - and exports
and equal amount to foreign markets. The refinery is Europe's most energy
efficient refinery, and number 3 Worldwide. The refinery is the largest supplier
of excess heating for central heating in Denmark - enough to supply more than
23.000 houses. The refinery has the logistics and size to scale the application
and consumption of green hydrogen in Denmark, faster than any other project.
Crossbridge Energy A/S employs about 250 people.

About Everfuel I www.everfuel.com

Everfuel is making green hydrogen for zero emission mobility commercially
available across Europe, offering competitive all-inclusive hydrogen supply- and
fueling solutions. We own and operate green hydrogen infrastructure and partner
with vehicle OEMs to connect the entire hydrogen value chain and seamlessly
provide hydrogen fuel to enterprise customers under long-term contracts. Green
hydrogen is a 100% clean fuel made from renewable energy and key to
electrification of the transportation sector in Europe and a sustainable future.
We are a young ambitious company, headquartered in Herning, Denmark, and with
activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and
a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo
under EFUEL.

More information:
Access the news on Oslo Bors NewsWeb site

546588_111121_Crossbridge_Everfuel.pdf
546588_111121_English_press_release.pdf

Source

Everfuel A/S

Provider

Oslo Børs Newspoint