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Tag: Methanol

Decarbonising the syngas value chain: New technological horizons in e-methanol and renewable production pathways

The current energy transition is fundamentally redefining the role of methanol from a simple chemical feedstock to a versatile low-carbon energy carrier and marine fuel. Industry leaders like Casale are advancing a diverse portfolio of production routes, including e-methanol, biomass gasification, and biomethane conversion, while providing the necessary technologies to decarbonise existing fossil-based assets.

Tax credit for green methanol project

ETFuels has been awarded €118.6m ($139.8m) in tax credits over 19 years under Business Finland’s Clean Transition program to develop a green hydrogen-based methanol project in Lapland. The credits will go towards the company’s Ranua facility, which is designed to produce 110,000 t/a of green methanol. According to ETFuels, the project, which is currently in early engineering stages, will use 300MW of renewable wind energy alongside battery storage facilities. The Ranua project is being developed in collaboration with Finnish energy firm Neova.