By ICN GroupPetro Chemical, March 26, 2020
Consortium launches renewable methanol production project in Scandinavia
The project is supported by a 1.7M Euro investment from EIT InnoEnergy and is a significant milestone in meeting growing demand for renewable fuels to enable more sustainable transportation
The Power-to-Fuel project, led by Liquid Wind, will establish commercial-scale renewable fuel facilities. The Consortium consisting of Axpo, COWI, Carbon Clean Solutions, Haldor Topsoe, Nel Hydrogen and Siemens will combine their expertise and technology to produce liquid, carbon neutral fuel from captured carbon dioxide (CCU) and green hydrogen from renewable electricity. The project is supported by a 1.7M Euro investment from EIT InnoEnergy and is a significant milestone in meeting growing demand for renewable fuels to enable more sustainable transportation.
Together, the Consortium members will integrate their technology and optimise the fuel production process. Each facility will capture waste carbon dioxide (CCU) and combine this with hydrogen, made from renewable electricity and water, to produce renewable methanol, eMethanol. This versatile, liquid fuel is carbon neutral and easy to store, transport and use. The process of upcycling waste carbon dioxide for use as a renewable fuel to replace fossil fuels, will prevent the emission of new carbon dioxide. The fuel provides an ideal solution to reduce carbon emissions, particularly within the Marine sector and Road Transport, which are currently lacking viable, low-carbon fuel options at scale.
“Industries and governments are making commitments to reduce their carbon emissions and operate in a more sustainable manner. To actually achieve this, we need to ensure that we have the necessary resources and infrastructure in place. With our passionate team and expert consortium Liquid Wind are excited to bring cost-competitive and scalable renewable fuel to market to meet this growing demand and enable a more sustainable future.” said Claes Fredriksson, CEO & Founder, Liquid Wind.
“The world needs to reduce CO2 emissions, and eMethanol can help to achieve that. It makes us proud to be part of this consortium that brings together very capable players in the field. We look forward to bringing our tried and tested methanol technology into this innovative context.” said Tore Sylvester Jeppesen, Senior Business Development Director, Haldor Topsoe.
The Consortium is now designing the technology integration for the first facility, in Sweden and expect to be supplying eMethanol from 2023. Each facility will produce 45,000 tonnes of carbon neutral fuel per year, enabling a reduction of 90,000 tonnes of CO2. The long-term collaboration will result in a standardised eMethanol facility blueprint, captured as a ‘digital twin’, for efficient replication. Liquid Wind and the Consortium intend to develop 6 facilities across Scandinavia by 2030, the concept will then be scaled and licensed internationally.
Some of the expertise and technology featured in this project includes;
Axpo Nordic AS will handle power supply to the facility, this includes balance responsibility, intra-day optimization and long-term fix-price supply for power. Axpo is the perfect partner for this given their extensive wind portfolio and interest in contributing to both wind power investments, ancillary services to the market and new sustainability based business ideas in line with Liquid Wind.
Carbon Clean Solutions is a global leader in low-cost carbon dioxide capture technology. Their highly effective technology will efficiently capture and concentrate waste carbon dioxide from large-scale emitters. Alongside this talented team of industry experts they are excited to contribute to a net zero world.
COWI is a leading consulting group with world-class competencies within engineering, economics and environmental science. They will support the Consortium with Project Management and Engineering, to ensure all partner’s work is incorporated for the Balance of Plant. COWI are interested to support the use of advanced fuels made from renewable feedstocks and enable the transformation to a more sustainable future.
Liquid Wind is in discussions with several other companies and expects to sign contractual agreements in the coming months.