Stena Line is partnering with the Port of Gothenburg, DFDS, the Danish shipping and logistics company and FlagshipONE which is jointly owned by Ørsted, the most sustainable energy company in the world, and Liquid Wind, the leading developer of eMethanol projects in Europe.
FlagshipONE, which is in late-stage development and approaching a final investment decision, will be the largest e-fuels facility in the world, producing 50,000 tonnes of eMethanol annually. This collaboration is supported by the Port of Gothenburg, the first shipping port to actively pursue a green fuels policy ensuring carbon neutral operations by 2030.
The announcement event on 1 September was visited by the Swedish Energy Minister Khashayar Farmanbar. The minister welcomed the initiative as an important milestone for carbon neutral shipping.
The five companies will now work together to launch the first renewable, ‘Made in Sweden’ marine fuel, to encourage more companies to choose carbon neutral e-fuels.
“Being an industry leader within sustainability, Stena Line has the ambition to achieve a climate neutral operation. This partnership is yet another proof point of our dedication to reduce our carbon footprint. We cannot achieve this on our own – a strategic collaboration across the value chain will be a win-win for all stakeholders in this exciting project” said Niclas Mårtensson, CEO, Stena Line.
About green e-fuels:
Green e-fuels are on track to replace fossil fuels for maritime propulsion for true decarbonisation in the hard-to-abate shipping sector. According to the Maersk Mc-Kinney Møller Center for Zero Carbon Shipping, eMethanol offers a number of advantages as marine fuel. It has more manageable handling requirements than other e-fuels and eMethanol engines are already commercially available. Despite clean, renewable sources of energy being a critically important component of global shipping’s decarbonisation efforts, the Center estimates that we’ll need additional support from other levers to fully realise the maritime industry’s zero-carbon ambitions.
Green electrofuel, eMethanol, is made from 100% biogenic sources combined with 100% renewable wind energy. It doesn’t add CO2 to the atmosphere. And it’s designed to help the world significantly reduce its carbon footprint.
Read more in a press release from Liquid Wind.