World's first commercial-scale e-methanol plant opens in Denmark

World's first commercial-scale e-methanol plant opens in Denmark

The world's first commercial-scale e-methanol plant began operations in Denmark on Tuesday, May 13, with shipping giant Maersk set to buy part of the production as a low-emission fuel for its fleet of container ships.

The shipping sector is under pressure to find new sources of fuel after a majority of countries gave their backing to measures to help meet the International Maritime Organization's targets towards eliminating carbon emissions by 2050.

So far zero-emission shipping fuels have tended to be more expensive than conventional fuel largely because they are not produced at scale.

Knud Erik Andersen, CEO of Denmark's European Energy, told Reuters they expected a price parity with fossil methanol around 2035.

Located in Kasso in southern Denmark, the new plant will produce 42,000 metric tons, or 53 million litres, of e-methanol per year, its joint owners Denmark's European Energy and Japan's Mitsui said.

REUTERS VIDEO

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