PEAX Energy to deliver world class Power-to-X projects and partnerships to drive industry decarbonisation
(2 September 2021, Aarhus, Denmark) Today, PEAK Wind launches PEAX Energy, a new business that provides Power-to-X (PtX) specialised technical, commercial and financial services to deliver PtX projects. PEAX Energy will support investors to drive industry decarbonisation and make progress towards their net zero goals.
In order to implement the raft of government net-zero commitments by 2050, ambitious actions are needed to transition away from fossil-based energy systems. The Power-to-chemicals market opportunity can proliferate the use of electrons into alternative industry applications that facilitate their decarbonization.
With this opportunity in mind, the renewable energy advisory PEAK Wind has created PEAX Energy to combine the best practices, networks and experiences of the renewables and chemicals industries. With its strong track record in operations and asset management, PEAK Wind, together with Mr. Simon Stanbridge, former business executive at Johnson Matthey, will enable PEAX Energy to replicate PEAK Wind’s success in the growth of renewables.
“Founded on the heritage and success of PEAK Wind, PEAX Energy builds with the experience of top-tier chemical, advisory, and sustainable technology companies. This unique combination puts us in an enviable position to support the market needs,” says CEO of PEAK Wind, Michael Andersen, also Founding Partner at PEAX Energy.
Also Founding Partner at PEAX Energy, Simon Stanbridge adds, “With our knowledge and expertise, we want to actively share best industry practices to facilitate the growth of this nascent PtX industry and its product markets. We want to engage with the environmentally and socially focused business community to develop the necessary strategic industry partnerships that take us towards our shared decarbonisation goals, as quickly and effectively as possible.”
PEAX Energy provides techno-commercial excellence and project execution consultancy to deliver world class PtX projects.
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