Published by Todd Bush on December 27, 2023
GOTHENBURG, Sweden, Dec. 22, 2023 /PRNewswire/ -- Liquid Wind has applied for an environmental permit for FlagshipTHREE at the Land and Environment Court in Umeå. The permit is for the company's third commercial-scale green electrofuel facility, in Umeå north-east of Sweden.
Once operational, FlagshipTHREE will contribute to a 271,000-ton* reduction of CO2 emissions annually. Construction is planned to start in 2024 and the facility will be operational in 2027.
"The application for the environmental permit clearly shows Liquid Wind's commitment to a world without dependency on fossil fuels and solidifies our position as a major player in the eFuel value chain. Electrofuels are crucial for the decarbonization of hard-to-abate industries such as shipping which consumes 300 million tons of fossil fuels annually. By transitioning to electrofuels, we can reduce carbon emissions by over 90%. By committing to Umeå as site location, we also help create green jobs in the region, both direct and indirect", says Claes Fredriksson, CEO and Founder of Liquid Wind.
FlagshipTHREE will be built in cooperation with Umeå Energi and will be connected to Umeå Energi's cogeneration plant Dåvaverket. FlagshipTHREE will capture biogenic CO2 from the Dåva plant and combine it with green hydrogen produced from renewable electricity from newly established or future renewable electricity sources (such as wind power) and water to generate green electrofuel, eMethanol**.
>> Additional Reading: Liquid Wind Recognized as a World Top 10 Clean Energy Startup by the Energy Digital Magazine
Facts about FlagshipTHREE in Umeå
New electrofuel facility
- Timeline: Construction is planned to begin in 2024. Operational in 2027.
- Planned production capacity: 130,000 tons of green electrofuel/year.
- Estimated CO2 reduction: 271,000 tons/year.
*The planned electrofuel production in Umeå is estimated to contribute to a 271,000-ton reduction of CO2 emissions annually, primarily by replacing marine fossil fuels (approximately 199,000 tons of CO2) and through permanent storage of fossil carbon dioxide (approximately 72,000 tons of CO2).
**Biogenic carbon dioxide will be captured from Dåvaverket and combined with green hydrogen, produced from renewable electricity from newly established or future renewable electricity sources (such as wind power) and water to generate green electrofuel.
The following files are available for download:
PRESS RELEASE_Liquid Wind submits environmental application for Umeå site_22 December 2023
https://mb.cision.com/Main/18536/3898168/2511784.pdf
SOURCE Liquid Wind
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌬️ Return and Verified Announce First 100% Wind-Powered Direct Air Capture Hub, Designed To Scale to 500,000 Tons Annually 🌍 The Importance of Responsible Carbon Removal: Insight...
Inside This Issue 💰 OnStream Receives $26 Million in Federal Funding for Louisiana Offshore Carbon Storage Hub Development and Announces Joint Venture Partnership with Major Midstream Company 🌍 Ex...
Inside This Issue 🌍 EDF Group and Abraxas Power Corp. Announce Strategic Partnership for the Exploits Valley Renewable Energy Corporation Green Hydrogen and Ammonia Project in Newfoundland 💧 Hydro...
Clean Hydrogen Hub in Michigan Gets $22M in Federal Backing
LANSING, MI – More than $22 million in newly awarded federal funds will move a planned hydrogen hub in Michigan further toward development. Gov. Gretchen Whitmer this week announced that a state-s...
College of Engineering Researchers Receive DOE Grants to Put Carbon Back Underground
Faculty wins $35 million to expand research into commercial-scale carbon storage across Utah to tackle climate change. The University of Utah has been awarded $36 million in grants from the U.S. D...
The approved program amendments will catalyze private sector investment in decarbonizing California’s transportation sector to support climate action and cleaner air. SACRAMENTO — The California A...
Testing Limestone’s Ability to Capture Carbon From Air
Northwestern’s DOE-funded project will kick off in January 2025 at a farm in downstate Illinois A Northwestern University-led team of interdisciplinary researchers has received $5.1 million from t...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.