The Power to Methanol project in Antwerp will produce methanol from captured CO2 combined with hydrogen that has been sustainably generated from renewable electricity.
Currently, methanol is largely produced using fossil-based raw materials, which emits carbon dioxide from the process. With this innovative project, for each tonne of methanol produced at least one tonne of CO2 emissions would be avoided.
The 7 strong consortium comprises leading industrial and business partners: ENGIE, Fluxys, Indaver, INOVYN, Oiltanking, Participate maatshappij Vlaanderen (PMV) and Port of Antwerp.
Future development could see increased volumes of sustainable methanol produced for wider industry use, including as a sustainable fuel for marine and road transport.