EE North America secures agreement with Montauk Renewables
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
European Energy’s subsidiary, EE North America, has secured an agreement with Montauk Renewables, Inc. for a biogenic CO2 supply to produce green e-fuels.
The agreement grants EENA the option to purchase biogenically produced CO2, critical for the production of e-fuels, over a span of up to 15 years, with potential for extension thereafter.
European Energy is currently constructing a Power-to-X plant in Denmark which will be a first-of-its-kind facility supplying e-methanol to the global logistics company, Maersk, among others. The biogenic CO2 sourced from Montauk will be used for even larger e-methanol facilities in Texas, US, that European Energy is currently developing
Biogenic CO2 plays a crucial role in the production of carbon-based e-fuels, and this agreement highlights the possibility of sourcing this essential component within the US, enabling the replacement of fossil based fuels and chemicals from locally produced e-fuels.
Through this partnership, EENA is embracing a collaborative approach to champion environmental responsibility and forge a path towards a cleaner future. With Power-to-X initiatives gaining momentum, EENA is actively seeking the right partners for these transformative projects, paving the way for eco-friendly fuel alternatives.
Jaime Casasus-Bribian, European Energy’s Head of Power-to-X Projects for the Americas & Iberia, said: “Collaboration is paramount in tackling large and complex projects, and we are thrilled to celebrate this agreement with Montauk. With a holistic approach to project development and strategic partnerships, we are leveraging the experience from our blueprint e-methanol project in Denmark, maximising our advantage in the US, together with our group company Ammongas that provides solutions for capturing and cleaning CO2. Our aim is to be a key player in the US across e-fuels and hydrogen, driving innovation and forging a sustainable energy future.”
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/08082023/ee-north-america-secures-agreement-with-montauk-renewables/
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