GreenGo Energy cooperates with Ringkøbing-Skjern Municipality to develop a green energy park based on 4GW of renewable hybrid solar and wind energy, which is fed directly to a new Energy Park, where the core will be 2GW electrolysis. The Energy Park will be established at the future Stovstrup 400kV substation east of Tarm in Ringkøbing-Skjern municipality.
The ambition is a production of over 1 million tons of green fuels annually and Megaton, as the project is called, will be one of the largest fully integrated energy parks in the world. The project can become a new landmark for Denmark and help position Denmark as a pioneer in the new P2X industry and hydrogen economy. The Energy Park and the fully integrated renewable energy projects can be operational before 2030 and can thus contribute significantly to achieving Denmark's 2030 targets.
The total investment in the Megaton project is expected to be around DKK 60 billion or 8 billion EUR, more than the budget for two Storebælt (Great Belt) bridges. It is expected that 300-500 permanent local jobs will be created in connection with the Energy Park, renewable energy projects and spin-off companies that will be created by by-products such as surplus heat.
The investment will be made by GreenGo Energy's clients and partners, which include some of the world's largest investors in renewable energy and infrastructure. The Consulting Engineering team working with GreenGo Energy in Megaton's development are COWI, Arkitema, who are specialists in P2X, and New Power Partners, who are specialists in offshore wind energy.
