Everfuel to shift focus towards green hydrogen production
Investors - AUGUST 31, 2023

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Everfuel to shift focus towards green hydrogen production

by Andrea Zander

Everfuel has plans for a realignment of strategy to focus on scaling green hydrogen production to capture significant value creation opportunities led by recent market developments in Germany and Denmark.

Jacob Krogsgaard, the CEO and founder of Everfuel, commented, “We are very pleased to see increased momentum in Europe in support of green hydrogen across multiple dimensions, including the RED-II directive, the AFIR regulation, the European Hydrogen Backbone initiative and the recent agreement for a hydrogen pipeline connecting Denmark and Germany. Together, these form the foundation for unlocking a large European hydrogen market for which Everfuel is well positioned.

Still, we recognize, that as an early mover within green hydrogen, we are breaking new ground for a new industry and continuously contribute to constructive maturation of technology together with suppliers and stakeholders, exposing us to delays in political processes, immature technology, supply chai

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