News

Press Conference on the Green Transition and the Large-Scale Hydropower Tender in Greenland

On January 22, Minister Kalistat Lund conducted a press conference for the
Greenlandic media outlets about the Government of Greenland’s objectives in
the realm of the green transition.

Next step for the Large Scale Hydropower Tender in Greenland

The Government of Greenland announces the next step for the large scale hydropower tender.

Financial strengthening for the large-scale hydropower tender

The Government of Greenland allocates further financial resources towards the large-scale tender of the hydropower potentials at Tasersiaq and Tarsartuup Tasersua.

Kalistat Lund, the Minister of Agriculture, Self-Sufficiency, Energy, and Environment, actively engaged in positive discussions with the communities near Maniitsoq regarding the tender for large hydropower close to Tasersiaq

From September 18 to 20, 2023, Minister Kalistat Lund traveled to Maniitsoq and nearby settlements. During this time, participated in several meetings with the communities initiating a dialogue on the hydropower potential of Tasersiaq and Tarsartuup Tasersua.

Projected Timeline for Large Scale Hydropower Tender in Greenland

The Government of Greenland has released anonymous Q&As from the initial market dialogue

The Government of Greenland releases water discharge data from 1974 – 2021

The period of the initial investor dialogue for Greenland's large hydropower potentials is now closed by the end of 2022

The Government of Greenland extends the investor dialogue period to the end of 2022

The Government of Greenland kicks off period of investor dialogue

Since the announcement in May that the Greenland’s largest untapped hydropower potentials would be launched for competitive tender, the Government has worked at full speed to prepare the terms of tendering and licensing.

The Government of Greenland releases large amounts of data relevant for investments in Greenland’s largest hydropower potentials that are now exposed to competition

The Government of Greenland and Alcoa have made an agreement to release large amounts of historical data relevant for investments in large hydropower plants in West Greenland. With this agreement, the Government of Greenland has bought the data from Alcoa and gains full ownership to make it available to interested third parties. Data is relevant for investors who are considering participation in the tender process for Greenland’s large hydropower potentials.

Companies are invited to invest in Greenland's largest untapped hydropower potentials

On 10 May 2022, the Minister for Agriculture, Self-sufficiency, Energy and Environment announced during the World Hydrogen Summit in Rotterdam that Greenland's largest untapped hydropower potentials Tasersiaq and Tarsartuup Tasersua will be launched for competitive tender.