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Peak Wind has founded a new consulting company called Peax Energy to provide technical, commercial and financial services specializing in Power-to-X (PtX).

Peax Energy will help investors drive the decarbonization of the industry and make progress towards their net-zero goals.

Michael Andersen, CEO of Peak Wind and founding partner of Peax Energy, said: “Peax Energy is built on the tradition and success of Peak Wind and builds on the experience of leading chemical, consulting and sustainable technology companies.

“This unique combination puts us in an enviable position to meet market demands.”

Peax Energy founding partner Simon Stanbridge (pictured) said, “With our knowledge and expertise, we are keen to actively share best industry practices to fuel the growth of this emerging PtX industry and its product markets.

“We want to get in contact with the environmentally and socially oriented business world in order to develop the necessary strategic industrial partnerships that will lead us to our shared decarbonization goals as quickly and effectively as possible.”

PEAX Energy offers technical-commercial excellence and advice on project implementation in order to realize first-class PtX projects.