Liquid Wind and Uniper Announce Strategic Partnership
Liquid Wind and Uniper have signed a strategic partnership agreement aimed at accelerating the development of eFuel facilities to produce fossil-free eMethanol. This collaboration will leverage both companies’ strengths to drive commercial-scale development, reduce costs and risks, and enhance the supply chain.
The collaboration will see Liquid Wind and Uniper working together on plant development, power supply, and the off-take of eMethanol. Uniper, a leading European energy company, views large-scale eFuel production as crucial for the transition to a low-carbon society. Liquid Wind will provide development services for Uniper’s future eFuel plants, while Uniper may supply fossil-free electricity and procure eMethanol for distribution. This partnership aligns with Liquid Wind’s strategy to expand eFuel plants globally.
Statements from Leadership
“Decarbonization requires committed collaboration across the value chain to reach the results that will contribute to reducing global warming. By entering this strategic partnership, we combine our companies’ strengths to drive and enhance execution and the green transition. We look forward to further strengthening our collaboration with Uniper which we initiated back in 2020″ comment by Claes Fredriksson CEO and founder of Liquid Wind
“For the transformation of our company into new green markets such as eMethanol, Uniper takes an innovative approach: The strategic partnership with Liquid Wind allows Uniper to focus on its strengths while benefitting from Liquid Wind’s excellent track record and experience in eMethanol. Uniper had been one of the earliest investors when Liquid Wind was a start-up. Since Uniper saw the collaborative potential from the very beginning, this is a clear testament to our commitment to sustainable energy solutions” said by Holger Kreetz, COO of Uniper SE
Importance of eMethanol
eMethanol is recognized as a crucial component for decarbonizing hard-to-abate sectors, such as global shipping, which significantly contribute to greenhouse gas emissions. Produced from green hydrogen and biogenic carbon dioxide, eMethanol is a versatile, low-carbon liquid fuel that is easy to store, transport, and use. Its potential to reduce emissions in these sectors highlights the significance of this collaboration.
However, to accelerate the transformation of society and industry, it is also necessary to develop and implement regulations for new business models, supporting the necessary transition towards fossil-free fuels such as eMethanol.
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Source: Uniper
