Power-to-Fuel Project Plans 6 Commercial-Scale Carbon Neutral Fuel Facilities by 2030

BioChemicals/Renewable Chemicals, BioRefineries/Renewable Fuel Production, Biorefinery/Fuel Production Infrastructure, Business News/Analysis, Carbon Capture, Carbon Dioxide (CO2), Feedstocks, Funding/Financing/Investing, Infrastructure, R & D Focus, Sustainability, Sweden, water

March 30, 2020

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by Helena Tavares Kennedy (Biofuels Digest) … 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 1.7 million Euro (nearly $1.9 million) 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. According to Liquid Wind’s press release, 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.

Here are 4 key facts on the project from Liquid Fuel:

Each eMethanol facility will capture 70KT of CO₂ and generate 45KT of fuel, enabling a significant CO₂ reduction of 90KT, per year.
Liquid Wind is actively engaged in discussions with potential fuel buyers and is expecting to secure long-term sales agreements for the capacity of the first facility later this year.
Liquid Wind is in discussions with large-scale investors to secure financing for the facility, providing stable, long-term investment prospects.
EIT InnoEnergy is an investment body and part of the European Union. Through knowledge, financing and their network of contacts, they support the commercialization of products and their introduction to international markets. READ MORE

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