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FlagshipONE secures environmental permit

FlagshipONE secures environmental permit
Ørsted acquires full ownership of electro-fuel joint venture FlagshipONE from partner Liquid Wind and makes a positive final investment decision (image courtesy Liquid Wind).

FlagshipONE, the Swedish green fuels project jointly owned by e-fuels developer Liquid Wind AB and Denmark-headed renewable energy major Ørsted A/S, has announced that it has received the environmental permit for building the first large-scale green electro-fuel facility for the marine industry.

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Ground preparations that mark the initial step of the construction phase of the plant, which is to be will be built in the municipality of Örnsköldsvik on the northeastern coast of Sweden, are planned for 2023.

The environmental permit was granted by the Land and Environment Court in Umeå eleven months after the application was submitted.

Obtaining the environmental permit marks another major milestone for FlagshipONE and the maritime value chain that is planning to bring vessels powered by electro-fuel to market. In parallel, we are approaching a final investment decision (FID) for FlagshipONE, and just recently we announced our cross-sector collaboration for zero-emission shipping with DFDS, Stena Line, Ørsted, and the Port of Gothenburg to establish an electro-methanol (e-fuels) hub, said Claes Fredriksson, CEO, and Founder of Liquid Wind.

We will start construction next year, and on behalf of the Liquid Wind team I would like to thank our partners, supporters, and the Sweco engineering team for their dedicated work, helping the project to keep the timeline, said Benny Mai, VP Technical at Liquid Wind.

Since its foundation in May 2017, Liquid Wind has established strategic partnerships with Alfa Laval, Carbon Clean, Siemens Energy, Topsoe, Worley, and Uniper.

In early 2022, Liquid Wind and Ørsted reached an agreement, under which Ørsted acquired a 45 percent ownership share of FlagshipONE.

I’m delighted that the FlagshipONE project is proceeding at speed. Producing e-fuels for the shipping sector is an important part of Ørsted’s mission to help decarbonize hard-to-abate sectors. As a company, we’re certain that scalable and modular projects just like FlagshipONE will help us deliver on our ambitious P2X plans, said Anders Christian Nordstrøm, COO at Ørsted PtX.

We are excited about being among the first in the world to capture and use biogenic carbon dioxide to produce electro-fuel, here in Örnsköldsvik. With the permit in place, we look forward to the next steps together with the FlagshipONE project team, said Kristina Säfsten, CEO of Övik Energi.

Liquid Wind and the FlagshipONE project have also received a ‘Klimatklivet’ (Climate Step) investment grant from the Swedish Environmental Protection Agency (Naturvårdsverket).

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