Uniper has become a partner in the Swedish Liquid Wind, which develops electro-fuel based on hydrogen to aid carbon neutral shipping.
Uniper will be the second largest investor in the company, which is now in the process of developing their first eMethanol production facility in Örnsköldsvik, on the north east coast of Sweden .
The facility will produce 50,000 tons of eMethanol per year, using fossil-free wind power and captured, biogenic carbon dioxide. It´s ideally suited to enable carbon neutral shipping, and will reduce carbon dioxide emissions by 100,000 tons/year, once in operation from late 2023/early 2024.
“Demand for cleaner shipping fuel is growing, and we aim to develop and build 500 facilities by 2050. This will prevent the release of an additional 50 million tons of carbon dioxide every year, which is the equivalent of Sweden’s total annual emissions.”Claes Fredriksson, CEO and founder, Liquid Wind.
Electro-fuel based on hydrogen is a rapidly growing opportunity, that in short is about producing liquid, fossil-free fuel with the help of renewable electricity.
“Within 30 years, we need to increase electricity production by up to 100 Terawatt-hours, that development is driven by, among other things, eFuels. Liquid Wind has a strong business model and Uniper plans to take a central position in the distribution of eMethanol.”Johan Svenningsson, CEO, Uniper Sweden.