Published by Todd Bush on January 31, 2023
OSLO, Norway, Jan. 31, 2023 /PRNewswire/ -- Aker Carbon Capture will deliver a pre-engineering study to the energy company St1 for the development of a carbon capture facility at Finnsementti's Lappeenranta cement plant. The captured CO2 would be used for the first renewable synthetic methanol plant in Finland. Aker Carbon Capture's Just Catch unit could capture around 40,000 tonnes CO2 per year, enabling the production of 25,000 tonnes of methanol per year.
>> In Other News: Tenneco's Powertrain Business Adds Hydrogen to its Strong Alternative Fuels Engine-Testing Capabilities
Aker Carbon Capture is currently delivering the world's first carbon capture facility at Norcem's cement plant in Brevik, Norway, and will bring learnings from this project into the study for the Finnsementti carbon capture plant.
"We are excited to enter the Finnish market and deliver a study for the promising Power-to-X market. Renewable synthetic methanol can replace fossil fuels used in maritime and road transport," says Valborg Lundegaard, Chief Executive Officer at Aker Carbon Capture. "We are dedicated to help decarbonize the hard-to-abate cement industry through our proven and proprietary carbon capture technology. Finland has a strong ambition to go climate neutral by 2035, and we are ready to support Finnish industry on its decarbonization journey," she continues.
Today, on an industrial scale, methanol is predominantly produced from natural gas by reforming the gas with steam and then converting and distilling the resulting synthesized gas mixture to create pure methanol. The synthetic methanol production plant in Lappeenranta would use the hard-to-abate carbon dioxide emissions from the limestone raw-material at the Finnsementti factory. The other raw material needed is low-carbon hydrogen produced in an electrolysis process involving wind power and water. E-methanol is produced in the synthesis of captured carbon and low-carbon hydrogen.
"At St1 we see Aker Carbon Capture as a potential technology supplier with significant experience to support us in the St1 Power-to-Methanol Lappeenranta project. We seek solutions that offer a high technology readiness level which can be heat integrated into cement plant processes. Another part of the co-operation will be to study CO2 liquefaction and on-site storage options to secure the methanol plant operation, in case when CO2 is not available from the flue gas of the cement plant," says Riitta Silvennoinen, Head of Energy Transition Business at St1.
"We're looking forward to working together with St1, who aim to be frontrunners in the production of renewable synthetic methanol. This collaboration marks the start of our carbon capture journey in Finland, offering many opportunities," says Joel Flitton, Sales Director Sweden and Finland at Aker Carbon Capture.
St1 researches and develops economically viable, environmentally friendly sustainable energy solutions and sees Power-to-X as an interesting possibility to help decarbonize the transport sector. It has extensively studied the potential of using and producing various Power-to-X products, such as synthetic methanol, green ammonia, and synthetic kerosene.
St1 is aiming to start producing synthetic methanol by 2026. The Finnish Ministry of Economic Affairs and Employment has granted this project a conditional funding of EUR 35.4 million, awaiting approval from the European Commission. Funding is provided by the European Recovery and Resilience Facility.
More information about the project is available on St1's website:
https://www.st1.com/st1-is-planning-a-synthetic-methanol-pilot-plant-in-lappeenranta-finland
SOURCE Aker Carbon Capture AS
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💧 Revolutionizing the Green Hydrogen Market: City of Lancaster and City of Industry Launch First Public Hydrogen (FPH2)--the First Public Hydrogen Utility 🌿 Drax and Pathway Ener...
Inside This Issue 🌍 Carbon-Negative Fuels Pioneer Pathway Energy Debuts with Ultra Negative Sustainable Aviation Fuel and Plans for New SAF Facility on US Gulf Coast 🛠️ NETL Supported Completion o...
Inside This Issue 🏭 Technip Energies and GE Vernova Awarded a Major Contract for the Net Zero Teesside Power Project, Which Aims to Be the World’s First Gas-fired Power Station With Carbon Capture...
Electra and Interfer Sign MOU to Collaborate on Clean Iron and Green Steel Production
BOULDER, Colo., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Electra, a clean iron company, and Interfer Edelstahl Group, a global steel and raw materials trader, have signed a memorandum of understanding (MO...
Copenhagen Infrastructure Partners Acquires Majority Stake in ABO Energy’s Wind and Hydrogen Project
ST. JOHN’S, Newfoundland and Labrador and COPENHAGEN, Denmark, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has acquire...
BOLINGBROOK, Ill., Dec. 17, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused...
Thyssenkrupp Nucera Prepared for Any US Shift on Green Hydrogen
FRANKFURT, Dec 17 (Reuters) - Thyssenkrupp Nucera, which makes electrolysers needed to produce low-carbon hydrogen, could quickly shift resources elsewhere if U.S. policies under President-elect Do...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.