Infinium, Mo Industrial Park to develop e-fuels project in Norway
Infinium and Mo Industrial Park announced their plans to develop e-fuels project in Mo i Rana, Norway.
“The industry in Mo Industrial Park provides ample access to the CO2 we use as a feedstock in our proprietary production process and its leaders have a very clear vision and a well-developed and sophisticated plan for achieving emissions reductions,” said Robert Schuetzle, CEO, Infinium.
“The synergies of our partnership will allow Mo i Rana to play a leading and decisive role in advancing the development of eFuels in Europe.”
The project will have the capacity to produce an initial 2,000 barrels per day (BPD) of e-fuels including eSAF, eDiesel and eNaphtha with the capacity to expand.
Mo i Rana, industrial park in northern Norway, has already committed land for the eFuels project and renewable power required to produce green hydrogen as a feedstock for the Infinium process.
“Carbon capture, utilization and storage will provide solutions for strengthening our existing industry as well as offer competitive advantages for new industrial projects. We see eFuels as valuable and innovative solutions to reduce the overall CO2 impact of the park while also helping reduce transport emissions in sectors that are particularly challenged,” said Arve Ulriksen, CEO, Mo Industrial Park.
Infinium is a electrofuels provider made using renewable power and waste CO2. Infinium has more than a dozen projects in development globally.
Infinium recently receives $75m equity investment from Breakthrough Energy Catalyst for its Project Roadrunner.
Project Roadrunner, commercial-scale power-to-liquids (PtL) facility, is expected largest PtL eFuels project in North America once operational.