The Power to Methanol project in Antwerp shows in a very practical and innovative way the importance of industrial symbiosis as part of the energy transition pathway.
The formal continuation of the Power to Methanol project in the Port of Antwerp-Bruges confirms the conviction of this group of cross-industrial players to pursue our cooperation.
The project shows in a very practical and innovative way the importance of industrial symbiosis as part of the energy transition pathway. The different partners have the ambition to advance the energy transition and to strengthen their presence in the Port of Antwerp-Bruges not only for the business of today but also for that of tomorrow.
LEARNING BY DOING
The Power to Methanol project will:
USING ENERGY MARKET FLEXIBILITY TO MITIGATE ENERGY COSTS
Within the RED II fuel framework, the project focusses on producing renewable fuels of non biological origin and fuels based on captured CO2.
We aim to show how CCU-based-molecules can enable transition in energy, chemistry and fuels.
Power to Methanol Antwerp is a CCU fuel lighthouse project and is in support of climate action plans.
THE SITE
INOVYN Lillo
The former Fuel Cell demo area on the INOVYN site in Lillo proved to be the plug & play site we needed.
Following the initial Joint Development phase, a consortium was established at the beginning of 2020 to facilitate the construction of the Power to Methanol demonstration plant by 2022.
Construction
Procurement
Commissioning – production of CCU fuels
Q2 - Q4 Pre-FID
Contractual framework, financial risk analysis
Establishment of Power to Methanol Antwerp B.V.
Development, design, integration, final investment decision
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