Our company

About European Energy

Download Company Presentation by Q3 2022

European Energy

European Energy aims to be a major global force in driving the green transition.
Vision statement by European Energy

~550 employees

By year-end 2022 we reached 550 employees worldwide and we expect to grow with many more new colleagues in 2023.

2004 founded

European Energy was founded in Denmark in 2004 by Knud Erik Andersen and Mikael D. Pedersen and today we have offices in more than 15 different locations.

37 nationalities

We were born global as a Danish company with our first projects in Germany and we have always valued a diverse culture with colleagues from all over the world.

European Energy´s mission is to grow into a global force that champions the green transition, develop green energy solutions and encourage the world to join the movement towards a fossil free society.
Mission statement by European Energy

Our company

This is European Energy

Screening

We secure the land/project rights either through our own greenfield activities or through development agreements with local partners. The project’s key value drivers and risk profile is assessed, and project progress occur only if it is deemed to have sufficient potential to meet financial hurdle rates.

Read more about our green solutions

Development

We apply for the necessary permits to realize the project, which includes conducting a number of studies and analyses. We also ensure that we obtain a grid agreement allowing us to feed the electricity into the grid. The yield of the project is also investigated, and a business case for the project is built.

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Construction

With rights and permits secured and procurement, off-take and financing ready, we initiate construction of the project. We have a solid track record in managing contractors and suppliers on-site.

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Grid Connection

As the final step of the construction phase, we connect the asset to the grid providing renewable energy to thousands of people.

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Project sales

We assess each project individually and take risk-and-reward profiles into close consideration. In some cases, we divest the energy farm to long-term investors at the optimal price. Often, we continue managing the assets for the investor to optimize production output and minimize operating costs.

Power sales

More companies choose a Power Purchase Agreement (PPA). PPAs are long-term, fixed-price energy supply contract that guarantee the delivery of renewable power from an energy farm to a business. Often, a PPA is made before the construction phase, however they can also occur once a project has been grid-connected. At other times, we maintain ownership of an energy farm and sell the renewable power as an independent power producer.

Read about Power Purchase Agreements

Asset Management

We consider managing assets to be a core part of our business. This involves 360 degree asset management services delivered by in-house competencies in the technical, commercial and financial aspects of renewable energy farm management.

Operations

We deliver O&M services for PV plants in Denmark including scheduled preventive maintenance, corrective maintenance, technical support and plant monitoring.

Power-to-X

We are commercializing a production technology that produces green e-methanol at competitive prices. The production is based on renewable energy sources from our wind and solar farms and CO2 from bio-waste. As part of the process, we use electrolysis to produce green hydrogen by splitting water.

Green Heating

We convert natural energy and waste energy into useable heating. The heat pumps prevent and minimize wasted energy streams by offering cooling solutions and by transferring the renewable energy from our wind and solar farms into heating solutions.