Gothenburg-based eFuel facility developer Liquid Wind receives funding to lower the utilize of fossil fuels in sectors such as shipping and aviation.
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Gothenburg-based Liquid Wind, an eFuel facility developer with a vision to reduce the world’s depfinishency on fossil fuel, has received €3.6M in funding for the pre-engineering of its full-scale eMethanol plant in Örnsköldsvik, Sweden.
Liquid Wind was founded in 2017 by Claes Fredriksson to develop eFuel production facilities that aim to lower the utilize of fossil fuels in sectors such as shipping and aviation. The company plans to develop ten projects by 2027.
Active in Denmark and Finland, Liquid Wind employs about 90 people and is backed by investors including Alfa Laval, Carbon Clean, Elyse Energy, HYCAP, Samsung Venture Investment, Siemens Energy, Topsoe, and Uniper.
Industriklivet funds Liquid Wind’s eFuel development
The eFuel facility project is funded through Industriklivet, which is part of the EU Recovery and Resilience Facility (RRF) and Next Generation EU. Industriklivet is a government initiative managed by the Swedish Energy Agency.
The Agency stated that the project will provide a foundation for Liquid Wind to advance toward an investment decision for the planned eFuel facility.
The initiative aims to enable a future investment that will reduce carbon dioxide emissions by replacing fossil fuels in sectors such as shipping, aviation, and chemicals.
The Agency also noted that the project’s objectives and research activities align with Industriklivet’s purpose to advance the shift toward lower carbon emissions within Swedish indusattempt.
Claes Fredriksson, CEO and founder of Liquid Wind, states, “We are pleased to receive the Industriklivet support for our project in Örnsköldsvik. It represents a strong commitment from the Swedish government that not only accelerates the transition to fossil-free eFuel production in Sweden but also sfinishs a powerful signal to international investors and offtakers. It’s a clear finishorsement of our vision to scale local and resilient eFuel solutions in Europe.”
Brief about the facility
The eFuel facility will be connected to Övik Energi’s biofuel-powered combined heat and power (CHP) plant.
Using renewable electricity, it will produce hydrogen through electrolysis, which will be combined with 150,000 tons of captured biogenic carbon dioxide from the CHP plant to produce 100,000 tons of eMethanol each year. The process is expected to avoid 200,000 tons of carbon dioxide emissions annually.
By replacing fossil fuels in transport and indusattempt, the facility will contribute to emission reduction and reinforce Örnsköldsvik’s position in Sweden’s energy transition.
