Danske Commodities will be responsible for power optimization at the upcoming PTX plant Solar Park Kassø, according to a press release from Danske Commodities and European Energy.
The parties behind the PTX plant, European Energy and Mitsui, have appointed the electricity trader for the task.
”Partnering with Danske Commodities allows us to leverage their expertise in energy trading to ensure that the Kassø facility operates at maximum efficiency when it comes online later this year. This allows us to take a significant step forward in our mission to deliver sustainable energy solutions on a large scale,” says Knud Erik Andersen, CEO of European Energy.
Solar Park Kassø is scheduled to come online later this year and will be the world’s largest commercial PTX plant with a capacity of 32,000 tons of e-methanol per year.
More specifically, Danske Commodities will provide balancing and optimization of the plant, which will handle the consumption of electricity during production. The plant is located next to a solar park with a capacity of 304MW, for which Danske Commodities is already responsible for balancing.
”Utilizing 20 years of power trading experience and a fully automated algorithmic setup, Danske Commodities has become a leading optimiser of renewables and flexible energy assets. Today, we add the first Power-to-X facility to our growing portfolio, and we look forward to continuing our strong collaboration with European Energy and Mitsui,” says Helle Østergaard Kristiansen, CEO of Danske Commodities.
(English edit by Kristoffer Grønbæk)
