ESL Shipping, Meriaura, others team up on Finnish E-fuel project February 8, 2021, by Naida Hakirevic
Finnish shipping companies ESL Shipping and Meriaura are participating in a consortium that recently launched the E-fuel research project in Finland.
In January, the commercialisation of the electrofuel (e-fuel) production using sustainable electricity and sequestered carbon dioxide got a EUR 3.3 million boost in funding from Business Finland.
Coordinated by VTT, the E-fuel research project is connected with the Neste Veturi Ecosystem. The development work is also augmented by a group of companies of which some have their own parallel Business Finland funded projects. Altogether, EUR 6 million is invested in the development of the production of fuels in Finland.
VTT, Neste and their partners seek breakthrough in Finnish e-fuel technology
The commercialisation of the electrofuel (e-fuel) production using sustainable electricity and sequestered carbon dioxide got a boost in January from EUR 3.3 million in funding from Business Finland. Coordinated by VTT, the E-fuel research project is connected with the Neste Veturi Ecosystem. The development work is also augmented by a group of companies of which some have their own parallel Business Finland funded projects. Altogether, EUR 6 million is invested in the development of the production of fuels in Finland.
Global emissions from transportation sector currently cover about 15% of the world s greenhouse gas emissions. The market for synthetic fuels that has emerged in the wake of an acute need to reduce emissions is expected to grow to millions of tons by 2030 in Europe alone. The market for electrolysis technology, which is a key to the production of synthetic fuels, is expected to grow more tha
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Air Liquide has announced a 40% stake acquisition in the capital of the French company H2V Normandy, a subsidiary of H2V Product, which aims to build a large-scale electrolyser complex of up to 200 MW for the production of renewable and low-carbon hydrogen in France.
Located in the industrial zone of Port-Jérôme in Normandy, France, the large-scale electrolyser project of H2V Normandy aims to supply renewable and low-carbon hydrogen for industrial applications, as well as future heavy mobility applications. The project is part of an ambitious programme to develop new energies to decarbonate industrial activities (refining and chemical) on the Seine Valley axis in Normandy, one of Air Liquide s historical industrial basins in France. This project will enable to avoid the emission of 250 000 tpy of CO