Siemens Energy partners with Liquid Wind to produce green Fuel
Siemens Energy is one of the world’s leading energy technology companies. After several years of collaboration, the company has officially joined the Power-to-Fuel developer to produce eFuel and enable a significant reduction in carbon emissions from shipping. Siemens Energy is providing an equity investment to Liquid Wind AB and will contribute technology and expertise to the development of eMethanol facilities.
Liquid Wind’s facilities will integrate a 70-Megawatt PEM-Electrolyzer by Siemens Energy, which will use renewable electricity to split water into green hydrogen and oxygen. The green hydrogen will be combined with biogenic CO₂ to form carbon neutral liquid fuel. This eFuel will be used by the shipping industry to replace fossil fuels, preventing the emission of 100,000 tons of CO₂ every year. In addition to the PEM-Electrolyzer, Siemens Energy will also supply the entire power distribution, electrification, instrumentation, motors, drives and plant-wide automation. Digital tools will support the operation, optimisation and replication of the standardised facilities.
“eMethanol will be one of the drivers in the future of transportation and Siemens Energy want to be an active part of this.” said Engelbert Schrapp, Principle Corporate Account Manager of Siemens Energy.
“Liquid Wind is one of the most advanced developers in this space. Their ambitions for scale combined with Siemens Energy’s technology like the PEM-Electrolyzers and digital tools, will certainly have the chance to be one of the pillars of a more sustainable transportation industry.”
“After close collaboration for five years we are pleased to officially welcome Siemens Energy to the Liquid Wind project,” said Claes Fredriksson, CEO and Founder of Liquid Wind.
“They bring a broad range of valuable expertise, solutions and contacts. Their systems and collaborative spirit will play a crucial role in enabling the efficient replication of eMethanol facilities to meet growing demand for carbon neutral fuel.”
With a construction time of approximately two years, the eMethanol is expected to be available from early 2024. The company is planning to scale up rapidly and is targeting the development of up to 500 standardised facilities internationally by 2050.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.
www.siemens-energy.com.