Ørsted begins construction of Europe’s largest e-methanol project
Yesterday, Ørsted started construction of FlagshipONE project, where large-scale methanol production facilities will supply a constantly growing fleet of methanol-powered vessels.
Originally developed by the Swedish e-fuels company Liquid Wind, FlagshipONE will be located next to Övik Energi’s combined heat and power plant Hörneborgsverket in Örnsköldsvik, where the groundbreaking event also took place.
The groundbreaking was done by Anna Dahlberg, State Secretary to the Prime Minister of Sweden; Anna-Britta Åkerlind, Chair of the municipality board of Örnsköldsvik Municipality; Anders Nordstrøm, COO of Ørsted P2X; Claes Fredriksson, founder and CEO of Liquid Wind; and Kristina Säfsten, CEO of Övik Energi.
FlagshipONE is a pioneering project that will open a new era for green shipping and for Ørsted.
…said Anders Nordstrøm, COO of Ørsted P2X
The event was attended by political representatives from both local, regional, national, and international bodies as well as by representatives from partner companies, including Siemens Energy, Carbon Clean, and Topsoe, who will deliver the electrolysers and control system, the carbon capture equipment, and the methanol synthesis equipment, respectively.
In addition to these major equipment suppliers, local companies are already involved in the project, and the operation of the plant will also create direct and indirect jobs in Örnskoldsvik.
Among the speakers at the event were also Klimatklivet, a part of the Swedish Environmental Protection Agency, who have supported FlagshipONE with SEK 151 million.
Currently, over 110 e-methanol vessels have been ordered or are in operation, up from 80 vessels at the end of 2022. At the same time, new regulation such as Fuel EU Maritime is also increasing the demand for new, green maritime fuels. will start production in 2025 when it will produce 50,000 tonnes of e-methanol yearly.
Today is a historical day for Sweden as we put the country on the map as a developer and producer of green electrofuel. All with the intent of reducing the world’s dependence on fossil fuels.
…said Claes Fredriksson, CEO and founder of Liquid Wind
FlagshipONE is located on the grounds of the biomass-fired combined heat and power plant Hörneborgsverket in Örnsköldsvik, operated by Övik Energi. The e-methanol from FlagshipONE will be produced using renewable electricity and biogenic carbon dioxide captured from Hörneborgsverket.
In addition, FlagshipONE will use steam, process water, and cooling water from Hörneborgsverket, and excess heat from the e-methanol production process will be delivered back to Övik Energi and integrated into their district heating supply.
We welcome Ørsted to Örnsköldsvik and look forward to the realisation of this important green initiative.
…said Kristina Säfsten, CEO of Övik Energi