Freija to Develop Green Hydrogen-based E-Methanol Project in Finland
Key Ideas
- Freija initiates FEED studies for a large-scale green hydrogen-based e-methanol project in Nokia, Finland, aiming for capex and opex efficiency.
- The project in Tampere region will produce e-methane from green hydrogen and biogenic CO2, aligning with EU regulations on Renewable Fuels of Non-Biological Origin.
- The initiative targets European heavy transport and shipping sectors to reduce emissions significantly, with plans to remove 200,000 tonnes of carbon annually.
- Freija's project design emphasizes economies of scale, flexible operations, and cost efficiency, further supported by a dedicated team with industry expertise.
Freija, a Norwegian company based in Oslo, has commenced front-end engineering and design (FEED) studies for a green hydrogen-based e-methanol project in Nokia, Finland. The project, located on a 150,000 square metre site in the Tampere region, aims to produce e-methane from green hydrogen and biogenic CO2 in up to three phases, with each phase targeting 58,000 tonnes of green fuel per year. Scheduled for a final investment decision in 2026 and production by 2029, the project aligns with EU regulations on Renewable Fuels of Non-Biological Origin. Freija's CEO, Kristian Hauglum, highlighted the region's ideal characteristics for the project, including scalability, access to biogenic CO2, renewable power supply, and proximity to export ports and the national gas grid. The initiative responds to the growing demand from European heavy transport and shipping companies to reduce emissions, with a significant estimated carbon reduction of 200,000 tonnes annually. Freija's efficient plant design aims at cost savings by leveraging power price variations from increased renewable energy production. The company's project execution capabilities and industry experience are key strengths. This development in Finland adds to the momentum in the hydrogen sector, with Liquid Wind also planning a similar green hydrogen-based e-methanol plant in the country.
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