INERATEC Secures €70 Million Funding for Sustainable E-Fuel Production in Frankfurt
Key Ideas
  • INERATEC secures €70 million from the EIB and Breakthrough Energy Catalyst to build Europe's largest sustainable e-fuel production plant in Frankfurt, focusing on decarbonizing hard-to-abate sectors like aviation.
  • The production process uses green hydrogen and CO2 from biogenic sources to create synthetic aviation fuel, contributing to reducing carbon emissions and meeting the EU's ReFuelEU Aviation-regulation standards.
  • INERATEC's scalable production units ensure efficient production of e-fuels, not only for aviation but also for other sectors like marine fuels and sustainable chemical products, supporting the shift towards a net-zero future.
  • The collaboration between INERATEC, the EIB, and Breakthrough Energy Catalyst showcases the importance of public-private partnerships in driving clean energy solutions, contributing to the EU's industry transformation towards cleaner technologies.
INERATEC has secured a total of €70 million in funding to establish Europe's largest sustainable e-fuel production plant in Frankfurt. The funding includes a €40 million venture debt loan from the European Investment Bank (EIB) and a €30 million grant from Breakthrough Energy Catalyst. This significant backing will not only finance the construction of the e-fuel plant but also support research and development in decarbonizing hard-to-abate sectors, particularly aviation. The production process by INERATEC involves utilizing green hydrogen and CO2 from biogenic sources to create synthetic aviation fuel, contributing to the reduction of carbon emissions. The plant, located in Frankfurt, aims to produce up to 2500 tons per year of e-fuel, meeting the increasing market demand, especially in the aviation sector. INERATEC's innovative reactor technology enables the conversion of green hydrogen and CO2 into synthetic aviation fuel, making flying more sustainable. The collaboration between INERATEC, the EIB, and Breakthrough Energy Catalyst highlights the importance of public-private partnerships in driving clean energy solutions. This partnership not only accelerates the commercialization of innovative technologies but also supports the EU's goals of industry transformation towards cleaner and competitive technologies. The funding commitment will enable INERATEC to scale up production capacity, optimize commercial deployment, and contribute to the transition towards a net-zero future.
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