Ørsted takes final investment decision to build Europe’s largest production facility, FlagshipONE, for green fuel for the shipping industry.
Topsoe will provide Engineering, Procurement and Fabrication (EPF) for the project’s eMethanol technology.
FlagshipONE will be built in Örnsköldsvik in Northern Sweden and is expected to be in operation in 2025. The facility will produce app. 50,000 tons per year of eMethanol from renewable energy and biogenic CO2. 50,000 tons of eMethanol can fuel one large ocean going vessel or several ferries.
Sundus Cordelia Ramli, member of Liquid Wind’s Board of Directors and CCO for Power-to-X at Topsoe, said: “The shipping industry is one of the single biggest emitters of CO2 accounting for 3% globally. It makes us proud to be part of this consortium that brings together very capable players to actively bring down this figure. We look forward to bringing our tried and tested methanol technology into this innovative context and to support decarbonization of the shipping industry alongside Ørsted, a leader in renewable energy.”