EMEA News
E-methanol Plant to Produce Bunker Fuel for Shipping
Danish energy company Orsted is to move ahead on its FlagshipONE e-methanol project to produce green bunker fuel for shipping.
The project comprises a plant in northern Sweden that will generate 50,000 metric tonnes of e-methanol annually for the maritime sector from 2025.
"E-methanol is the best solution currently available to decarbonise hard-to-electrify sectors like global shipping, and with this first commercial-scale project, Ørsted will break first ground in
advancing our industry-leading pipeline of e-methanol projects," company group president and CEO Mads Nipper said.
Work on building the plant will start next year, the company said in a statement.
Orsted finalised the deal by buying out the project's other stakeholder, Liquid Wind.
