The Fort Worth Press - Europe's biggest 'green' methanol plant opens in Denmark

USD -
AED 3.672799
AFN 65.99969
ALL 82.362281
AMD 381.500496
ANG 1.790403
AOA 917.000285
ARS 1450.7253
AUD 1.51163
AWG 1.8
AZN 1.722327
BAM 1.669612
BBD 2.015307
BDT 122.367966
BGN 1.66789
BHD 0.376959
BIF 2965
BMD 1
BND 1.291862
BOB 6.914156
BRL 5.513598
BSD 1.00061
BTN 90.277748
BWP 13.222922
BYN 2.935756
BYR 19600
BZD 2.012438
CAD 1.377105
CDF 2264.000161
CHF 0.794301
CLF 0.023232
CLP 911.369945
CNY 7.04125
CNH 7.03238
COP 3863.71
CRC 498.555129
CUC 1
CUP 26.5
CVE 94.449697
CZK 20.77585
DJF 177.720092
DKK 6.37332
DOP 62.549438
DZD 129.445985
EGP 47.527102
ERN 15
ETB 155.616652
EUR 0.85301
FJD 2.28425
FKP 0.746872
GBP 0.74745
GEL 2.695036
GGP 0.746872
GHS 11.524982
GIP 0.746872
GMD 73.503701
GNF 8684.999741
GTQ 7.663578
GYD 209.345507
HKD 7.780465
HNL 26.355127
HRK 6.430904
HTG 131.049996
HUF 330.530955
IDR 16707
ILS 3.208805
IMP 0.746872
INR 90.21655
IQD 1310.756071
IRR 42125.000253
ISK 126.250151
JEP 0.746872
JMD 160.101077
JOD 0.708978
JPY 155.609007
KES 128.906863
KGS 87.449805
KHR 4007.136699
KMF 419.000082
KPW 899.993999
KRW 1476.120281
KWD 0.30691
KYD 0.833782
KZT 516.249648
LAK 21668.736901
LBP 89604.26511
LKR 309.584176
LRD 177.109611
LSL 16.776978
LTL 2.95274
LVL 0.60489
LYD 5.423494
MAD 9.171024
MDL 16.874536
MGA 4499.878347
MKD 52.520883
MMK 2100.057046
MNT 3547.602841
MOP 8.019874
MRU 39.943315
MUR 46.039881
MVR 15.449908
MWK 1735.069769
MXN 17.99364
MYR 4.085995
MZN 63.876996
NAD 16.776978
NGN 1456.670231
NIO 36.819662
NOK 10.15926
NPR 144.441314
NZD 1.731465
OMR 0.384531
PAB 1.000627
PEN 3.369003
PGK 4.312843
PHP 58.576013
PKR 280.359054
PLN 3.584605
PYG 6680.126517
QAR 3.648928
RON 4.343298
RSD 100.142012
RUB 79.946942
RWF 1456.791388
SAR 3.750853
SBD 8.130216
SCR 13.607181
SDG 601.502706
SEK 9.287036
SGD 1.289895
SHP 0.750259
SLE 24.107442
SLL 20969.503664
SOS 570.850513
SRD 38.677984
STD 20697.981008
STN 20.915412
SVC 8.755448
SYP 11058.365356
SZL 16.781486
THB 31.380237
TJS 9.240587
TMT 3.5
TND 2.924681
TOP 2.40776
TRY 42.733103
TTD 6.789428
TWD 31.546499
TZS 2489.999801
UAH 42.262365
UGX 3574.401243
UYU 39.209995
UZS 12066.912245
VES 276.231197
VND 26325
VUV 121.372904
WST 2.784715
XAF 559.97217
XAG 0.015301
XAU 0.000231
XCD 2.70255
XCG 1.803297
XDR 0.69494
XOF 559.984121
XPF 101.811104
YER 238.349816
ZAR 16.736795
ZMK 9001.205966
ZMW 22.76404
ZWL 321.999592
  • RIO

    0.4400

    77.63

    +0.57%

  • CMSC

    0.0300

    23.29

    +0.13%

  • NGG

    -0.7700

    76.39

    -1.01%

  • SCS

    0.0200

    16.14

    +0.12%

  • BTI

    -0.1300

    57.04

    -0.23%

  • JRI

    0.0000

    13.43

    0%

  • GSK

    -0.4200

    48.29

    -0.87%

  • BCC

    1.4100

    77.7

    +1.81%

  • RBGPF

    -1.7900

    80.22

    -2.23%

  • CMSD

    0.0000

    23.28

    0%

  • AZN

    0.7500

    90.61

    +0.83%

  • VOD

    -0.0100

    12.8

    -0.08%

  • RYCEF

    0.6300

    15.4

    +4.09%

  • BCE

    -0.3000

    22.85

    -1.31%

  • BP

    -1.1600

    33.31

    -3.48%

  • RELX

    0.0900

    40.65

    +0.22%

Europe's biggest 'green' methanol plant opens in Denmark
Europe's biggest 'green' methanol plant opens in Denmark / Photo: © Ritzau Scanpix/AFP

Europe's biggest 'green' methanol plant opens in Denmark

Europe's largest "green" methanol plant opened in Denmark on Tuesday, boosting the continent's emissions reduction efforts -- with customers ranging from shipping giant Maersk to toymaker Lego and pharmaceutical firm Novo Nordisk.

Text size:

Sitting next to northern Europe's biggest solar panel field and a large transformer station in the Danish countryside, the site will produce e-methanol, a synthetic fuel made from renewable energy and carbon dioxide.

The site, called Kasso, is only the third e-methanol plant in operation in the world after locations in China and the United States, according to the French Bureau of E-fuels.

"Our strategy is to scale up. The next plant will be three times bigger," said Jaime Casasus-Bribian, head of projects at Danish company European Energy, which co-owns the plant with Japanese firm Mitsui.

The facility will produce up to 42,000 tonnes of e-methanol per year, the equivalent of 50 million litres.

The e-methanol will serve as fuel for Maersk ships, raw material for Lego's colourful plastic bricks and a component for Novo Nordisk's insulin injection pens.

While the plant is a milestone for Europe, it is small on a global scale.

Maersk alone would need two million tonnes of green methanol each year by 2030 if it were to reduce its fleet's carbon footprint by just 10 percent, according to its own estimates.

Laura Maersk, the company's first container ship to sail on e-methanol, will fill up at the neighbouring Aabenraa port every quarter, enough to allow it to sail for one month.

"This is an encouraging initiative in terms of the sector's potential development," Yann Lesestre, the author of an international report on e-fuels, told AFP.

He said, however, that it was too small to be of major significance.

"The feedback from the project will be interesting to verify the proper functioning of the technology on a commercial scale," he said.

The project has received a 53-million-euro ($59-million) subsidy from a Danish green investment fund.

- China world leader -

According to Lesestre's report, the European e-methanol sector accounts for 19 percent of planned capacity worldwide, compared to 60 percent in China.

The Jiangsu Sailboat site in China has been operational since 2023 and produces 100,000 tonnes annually.

Denmark -- a pioneer in renewable energy, in particular wind power -- has touted its swift development of the project, opening the plant less than two years after receiving the construction permit.

"It's a very, very important stepping stone in this whole transition of scaling up the production capacity," said Camilla Holbech, the head of renewable energies, green transition and international cooperation at the Green Power Denmark association.

"Stepping into green fuels is very, very important because in that way we can decarbonise sectors that cannot a priori run on electricity," Holbech said, citing shipping as an example.

The significant cost gap between this new industry and the fossil fuel industry explains the number of smaller-scale projects, she said.

E-methanol production costs could rival those of fossil fuels by 2040 if there is massive investment, according to a report by Green Power Denmark.

While the US and Chinese e-methanol plants use recycled carbon, the Danish site uses biogenic carbon, which is carbon found in natural materials, such as trees, plants, and other forms of biomass.

E-methanol is made by combining biogenic CO2 and green hydrogen, itself produced by electrolysis, which involves splitting water molecules using an electric current from renewable energy sources, in this case solar power.

W.Matthews--TFWP