In Denmark, European Energy has secured a €50 million EU Innovation Fund grant to build a green methanol facility in Denmark, which will produce over 100,000 tonnes of green methanol annually. The project aims to reduce CO2 emissions by 150,000 tonnes per year, advancing the EU’s green transition goals.
Construction is expected to start in 2026, with operations projected to begin by 2028 or 2029. This facility will build on lessons from the company’s first green methanol plant in Kassø, which has a capacity of 32,000 tonnes.
The grant signing is planned for early 2025, contingent on final negotiations. European Energy aims to triple its production capacity and drive down costs, making it a critical part of the EU’s broader decarbonization push.
More on the story.
Tags: Denmark, European Energy, green methanol
Category: Sustainable Marine Fuels
