Energy must be ready for change - and so must the advisors
Legal advice in the field of Power to X requires a willingness to enter unknown territory. In collaboration with the client, we develop solutions to the regulatory challenges and design tailored contracts that meet the challenges brought about by the energy transition, relevant specifically to each individual project. In addition, future Power to X infrastructure projects will continually change in character and focus during project planning and construction. This requires a special focus on flexibility, also in the legal solutions offered.
What is Power to X?
Power to X covers a number of technologies that are based on electricity (power) being used for the production of something else (X). The key technology of Power to X is electrolysis, where electricity is used for splitting water into hydrogen and oxygen. The hydrogen can then be used directly or converted further into other hydrogen-based products. By a reaction with nitrogen, for example, hydrogen can be converted into ammonia or, by a reaction with carbon, into methanol. The latter process can also take place as part of Carbon Capture and Utilization (CCU). Furthermore, hydrogen can be used as fuel for road transport or in the industrial sector, ammonia can be used as fuel for vessels and fertiliser, and methanol can be used as aviation fuel. In addition, the surplus heat from the electrolysis can be used for district heating.
Where electricity from renewable energy sources is used, such as wind power or solar energy, the production of hydrogen via electrolysis will be carbon neutral.
The PtX technology can thereby contribute to the green transition by replacing fossil fuels in the industries where it has turned out to be almost impossible or very expensive to convert to electrification, for example in the shipping or aviation industries.
