#Sweden #Liquid Wind #eFuel #Örnsköldsvik #Industriklivet

Liquid Wind Secures €3.6 Million in Funding for eFuel Project

Liquid Wind, a pioneer in sustainable fuel solutions, has been granted €3.6 million from Industriklivet, the initiative by the Swedish Energy Agency aimed at facilitating the green transition within the industrial sector. This investment plays a crucial role in the pre-engineering phase of Liquid Wind's full-scale eMethanol production facility located in Örnsköldsvik, Sweden.

The backing from the Swedish Energy Agency is a significant vote of confidence in Liquid Wind's mission to develop eFuel technology capable of reducing reliance on fossil fuels. By generating energy from renewable resources, Liquid Wind aims to target hard-to-abate sectors like shipping, aviation, and the chemical industry, which heavily depend on traditional fossil fuels and contribute significantly to carbon emissions.

The agency's support highlights the project's alignment with the overarching goals of Industriklivet—promoting reduced carbon emissions and advancing a more sustainable industrial framework. The estimated reduction of carbon dioxide emissions through this initiative is notable, with projections indicating the potential for a drastic decrease in CO2 emissions as the eMethanol plant comes online.

Claes Fredriksson, CEO and founder of Liquid Wind, expressed his enthusiasm in a statement reflecting the importance of this funding. "We are grateful for the support from Industriklivet. This commitment not only accelerates the shift towards fossil-free eFuel production in Sweden but also sends a strong signal to investors and stakeholders globally. It reinforces our vision of establishing robust local eFuel solutions throughout Europe."

The planned eFuel facility is expected to interconnect with Övik Energi's biofuel-powered combined heat and power (CHP) plant, which will create an efficient circular energy model. By utilizing renewable electricity, this facility will produce green hydrogen via electrolysis. It will merge this hydrogen with 150,000 tons of biogenic CO₂ captured from the CHP plant, resulting in an annual production of 100,000 tons of eMethanol. This process aims to avoid the emission of a substantial 200,000 tons of CO2 equivalents yearly.

The adoption of eMethanol as a drop-in replacement for traditional fossil fuels signifies a monumental step towards decarbonization in transport and industrial sectors. Furthermore, it reinforces Örnsköldsvik’s position as a leader in Sweden's green transformation efforts.

Liquid Wind’s eFuel project, funded through Industriklivet and integrated with the EU Recovery and Resilience Facility, is a part of a broader European agenda towards sustainable energy practices. The forward-thinking vision of Liquid Wind includes ambitious growth plans, aiming for up to 10 facility projects by the year 2027.

With a dedicated team of around 70 employees, Liquid Wind has made significant strides in the realm of eFuel production. The company has also attracted a range of investors, including renowned names like Alfa Laval, Carbon Clean, and Siemens Energy, underscoring the industry's support for innovative sustainability efforts.

This funding marks a pivotal moment for Liquid Wind as they strive to lead the charge in transforming Sweden's energy landscape. By focusing on eFuel production, the industry can work towards a more sustainable future that reduces carbon footprints while stimulating economic growth and job creation in the green sector.

In conclusion, Liquid Wind is not just contributing to a sustainable energy future; it is setting a precedent for what can be achieved when innovation meets governmental support. The progress in Örnsköldsvik serves as a potential roadmap for similar projects across Europe and beyond, demonstrating that a transition to a greener economy is not only necessary but also achievable.

For more information, you can follow Liquid Wind's developments on their official website or social media channels.