Liquid Wind and Uniper have signed a strategic partnership agreement to further accelerate the development of e-fuel facilities to produce e-methanol. The partnership is expected to leverage the companies’ strength and competencies to drive commercial-scale development of e-fuel facilities, while reducing costs and risks and developing the supply chain.
Under the collaboration, Liquid Wind and Uniper will conduct and evaluate opportunities for collaboration in facility development, power supply, and offtake of e-methanol, complementing Liquid Wind’s ongoing development business.
Uniper sees large scale production of e-fuel facilities as essential for the ongoing transformation towards a low-carbon society. As part of the collaboration, Liquid Wind may be engaged to supply the development services of Uniper’s future e-fuel facilities. In turn, Uniper may be engaged in delivering fossil-free electricity to future facilities being developed by Liquid Wind and also procure e-methanol for commercial distribution. The partnership supports Liquid Wind’s market strategy to develop and deploy e-fuel facilities and expand globally.
Johan Svenningsson, country chairman Uniper Sweden, said: “We can accelerate the necessary transformation together by increasing our co-operation through this strategic partnership. The Swedish power system is basically fossil-free; now, we are taking steps to make the whole Swedish energy system less dependent on fossil fuels. Sweden has excellent opportunities for leading this development and our partnership with Liquid Wind puts us right at the forefront.”
e-methanol, a key focus of this strategic partnership, is recognised as a vital component for decarbonising hard-to-abate sectors. These sectors, such as global shipping, are responsible for a significant portion of global greenhouse gas emissions. E-methanol, a versatile, low-carbon, liquid fuel that is easy to store, transport and use, is produced through a synthesis of green hydrogen and biogenic carbon dioxide. Its potential to significantly reduce emissions in these sectors underscores the importance of this collaboration.
However, to accelerate the transformation of society and industry, it is also necessary to develop and implement regulations for new business models supporting the necessary transition towards fossil-free fuels such as e-methanol.
