(Copenhagen / Denmark) – US project developer Carbon Sink LLC and Danish logistics group AP Moller-Maersk A/S have reached an agreement to produce green methanol for ship propulsion. This brings the company into partnership with seven other companies already working to secure the green fuel for the 19 dual-fuel container ships ordered by Maersk.
Production capacity of 100.000 tons
According to the information, Carbon Sink will build the first plant in the United States alongside Red River Energy's existing bioethanol plant in Rosholt, South Dakota. The production capacity is around 100.000 tons per year. Commercial commissioning is scheduled for 2027. Maersk wants to purchase the entire quantity produced at the plant. Optionally, the construction of additional carbon sink systems at other locations is being considered.
To produce green methanol, Carbon Sink uses a technology that combines green hydrogen from the electrolysis of water with additional renewable electricity and biogenic CO2. The CO2 for the first project is waste from Red River Energy's bioethanol plant, whose emissions are converted into green methanol.
Methanol agreements with seven companies
In March, Maersk announced agreements with six companies: CIMC Enric Holdings Ltd. (China), European Energy A/S (Denmark), Green Technology Bank Co. Ltd. (China), Ørsted A/S (Denmark), Proman AG (Switzerland), and Wastefuel Global (USA). These companies are to establish a green methanol production capacity of at least 730.000 tons per year in China and the Americas by the end of 2025. A seventh partnership with Debo was added in August. The Chinese energy company will install a 200.000-ton biomethanol production capacity for Maersk.
Maersk's previous partner companies to build production capacities for green methanol (as of August 2022). © AP Moller-Maersk A/S
Furthermore, in early November, Maersk concluded an agreement with the Spanish government. If a feasibility study is successful, the company plans to produce up to two million tons of green fuels per year there. The study will also examine how the entire value chain, from renewable energy sources to bunkering ships, can be covered. The regions of Andalusia in the south of the country and Galicia in the northwest are being considered as potential production sites.
Photos
The Danish shipping company Maersk wants to operate 19 new container ships with green methanol. © AP Moller – Maersk A/S
Table
Maersk's previous partner companies to build production capacities for green methanol (as of August 2022). © AP Moller-Maersk A/S
