Denmark-headed renewable energy and Power-to-X (PtX) developer, European Energy A/S has announced that it has agreed to acquire 100 percent of compatriot PtX company REintegrate ApS in which the company already has a stake. European Energy is now integrating REIntegrate into its organization where the employees will join the newly established PtX-department headed by Emil Vikjær-Andresen who has worked with renewable energy since 2013, including five years with European Energy.
An error occurred
On your profile you can see what subscriptions you have access to and more information.
Is some of the information wrong – please contact our customer service.
Please reload the page
Do you want to read the whole article?
- Six editions per year
- Full access to all digital content
- The E-magazine Bioenergy international
- And more ...
According to the company, interest in PtX-solutions and electro-fuels (eFuels) has grown stronger from all across society. European Energy is currently developing several PtX-projects in Denmark and will use its position as a front-runner to apply these technologies in de-carbonizing hard to abate-sectors such as maritime transportation and the plastics industry.
We have a firm belief in the ability of PtX to de-carbonize sectors which cannot be electrified directly, and European Energy is dedicated to being a front runner in this endeavor. We are set on expanding our PtX-activities as we want to provide solutions for our customers within the whole value chain of green energy – from the production of renewable electricity to higher-value products such as green hydrogen and e-methanol, said Emil Vikjær-Andresen.
With the acquisition of REintegrate, European Energy has established a new office in Støvring, where the current REintegrate offices are located.
Earlier this year REintegrate, European Energy, and Maersk signed an agreement to supply e-methanol to Maersk’s first container ship using e-methanol. The e-methanol will be delivered in 2023 with a volume of at least 10 000 tonnes annually.
In November 2020, REintegrate signed a contract with the fuel distributor Circle K providing 50 million liters of e-methanol to Circle K from 2023.
As we have seen in the past year, the demand for PtX-solutions is already there. This is an untapped market, where we have a unique opportunity to gain experience and know-how on the fuel solutions of the future. We have now established a competent and experienced team and we’re very happy to be able to drive forward this innovation in Denmark, said Emil Vikjær-Andresen.
