We are proud to partner with Wasaline to power the Aurora Botnia ferry with eMethanol. The Letter of Intent showcases the strong possibilities and growing demand for eFuels in the Nordics and beyond. Together with Umeå Energi, we are now putting local and regional infrastructure and supply in place, in Northern Sweden.

I am delighted that we are expanding our alliance with Liquid Wind and welcoming Wasaline to our esteemed list of partners. This cross-border collaboration is pivotal for us as we strive to make the essential shift towards a sustainable future.

Together with Liquid Wind and Umeå Energi, we are investigating the possibilities and challenges in decarbonizing our route as part of a green corridor between Vaasa and Umeå. By using eMethanol as one option, we would use electrofuel that is locally produced, which also minimizes the transport distances. We are eager to investigate this option together.

We are delighted to be inaugurating the eFuel Design & Performance Centre, and to contribute with the project development know-how required for driving the electrification of the transportation sector. Our unique and long collaboration will continue to lead the green transition and production of sustainable fuels.

There will be no energy transition without green molecules. But for green hydrogen and eFuels to become a sustainable and competitive alternative, we need scalable, standardized, and optimized production facilities. The joint work of all partners in this Design and Performance Centre will make a significant contribution to getting this new industry up and running as quickly as possible.

To accelerate decarbonization we need strong collaborations across the energy sector. We are therefore proud to be part of this partnership serving as a key technology provider. Our products and solutions actively support existing applications in the decarbonization of electricity, heating & cooling, fuels and chemicals. The new Design and Performance Centre enhances our joint focus on innovation for faster implementation of scalable and commercially viable solutions in the eFuel area.

We are proud to bring our expertise and experience to the eFuel Design & Performance Centre, which will foster an environment of innovation that will accelerate progress. Collaboration is essential to achieving decarbonization goals, especially for hard-to-abate sectors, such as shipping. Carbon Clean’s proprietary solvent and modular point-source technology are at the forefront of demonstrating the vital role of carbon capture in contributing to the commercialization and at-scale deployment of eFuels.

The maritime industry is responsible for 3% of global carbon emissions. It is therefore one of the most important sectors to decarbonize, which is exactly the purpose of the Liquid Wind consortium. With the opening of the Design and Performance Centre, our teams will have a shared platform for developing state of the art-solutions, and we’re dedicated to accelerating the decarbonization of shipping.

The application for the environmental permit clearly shows Liquid Wind’s commitment to a world without dependency on fossil fuels and solidifies our position as a major player in the eFuel value chain. Electrofuels are crucial for the decarbonization of hard-to-abate industries such as shipping which consumes 300 million tons of fossil fuels annually. By transitioning to electrofuels, we can reduce carbon emissions by over 90%. By committing to Umeå as site location, we also help create green jobs in the region, both direct and indirect.

We are excited to announce the development of our first project in Finland, together with NordFuel and Puhuri. Liquid Wind is focused on leading the development and production of green electrofuel. The electrofuel produced in Haapavesi will be used to decarbonize hard-to-abate industries like shipping; with the facility in Finland, we are one step closer to seeing a world without dependency on fossil fuels.

We are glad to cooperate with Liquid Wind, one of the most significant actors in the field of electrofuels. Circular economy and zero-waste principle are in the core of NordFuel’s business idea. Liquid Wind’s technology enables us to utilize the carbon dioxide that will come out of the biorefinery’s process the most effective way possible. The industrial infrastructure in Haapavesi offers an excellent basis for the planned electrofuel facility.

As a Haapavesi based company we are proud to announce the development work we are committed to together with Liquid Wind and NordFuel. There is a huge green energy consortium under development in Haapavesi. We need this kind of development to fully utilize Finnish wind power capacity.

I am honored to receive the Capgemini Nordic Sustainability Tech Award on behalf of the Liquid Wind team. It feels great to be recognized as an innovative tech company creating practicable solutions for a sustainable future.

Set out to reduce the dependency on fossil fuel, the Swedish winner of Capgemini Nordic Sustainability Tech Award is making great progress pioneering the field of eFuel production. This will accelerate the transition to carbon neutral shipping and reduce global carbon emissions.

We are very proud and honored to receive Sweden's most prestigious award for climate innovation. This is a true recognition for our team, our partners, our supporters, and our vision towards creating a world without dependency on fossil fuels.

Liquid Wind is proud to be part of the North Sweden delegation at European Hydrogen Week this year. Northern Sweden is a very attractive geographical location for our electrofuel development projects, and together with our valued partners we are fully committed to playing an active role in shaping the future of sustainable energy and driving the green industrial transition in Sweden and Europe.

The collaboration with our “community partners” has been great for several years, having initially started back in 2018 with a few partners. It is exciting to see our joint efforts intensifying, elevating the degree of both our integration and transparency. Since we began in 2018, numerous developments have taken place within Liquid Wind and also in the market. The coming years will be filled with stimulating and exciting value-generating teamwork.

We want to build on the successful foundation of our partnership on FlagshipONE and amplify it by introducing an improved and further scaled design for the next generation of eMethanol plants.

We are very pleased to be a part of this important eFuel project which is an essential building block for the decarbonization of shipping and the overall race to reach net zero. We strongly believe in partnership to win that race and develop the right solution from the start. So, we are excited to drive and accelerate this transformation alongside Liquid Wind and partners, developing and implementing innovative solutions and contributing with our unique expertise in heat transfer and energy optimization at Alfa Laval.

Our continued partnership with Liquid Wind demonstrates the role carbon capture must play in decarbonizing hard-to-abate sectors, such as shipping. Carbon Clean’s modular point-source carbon capture technology is the most efficient and cost-effective means of decarbonizing many industries, and it will play a vital role in accelerating eMethanol facilities. I look forward to collaborating with the other industry leaders on many more projects to come – showcasing the U in CCUS as a perfect utilization example.

At Topsoe, we're thrilled to collaborate with other decarbonization leaders on this project, driving a faster transition towards a sustainable shipping industry. The sharp rise of CO2 emissions within the maritime sector (to 5% in 2022) is a stark reminder for the urgency of our collective mission. Inspired by Liquid Wind's visionary approach and united by the pioneering spirit of the project's leaders, we stand poised to demonstrate that, when harnessed, the technology available today can propel a swift transition to a more sustainable maritime future. The time for change is now. This endeavour exemplifies the accelerated progress possible through industry-wide collaboration, and we're deeply honoured to be at the forefront of this pivotal transformation.

FlagshipONE is a pioneering project that will open a new era for green shipping and for Ørsted. I’m very pleased that we’ve now started on-site construction together with other green fuel leaders from across the supply chain, and together with representatives from Örnsköldsvik, Västernorrlands Län and Sweden at large. FlagshipONE will be the first project in a new green industry in Sweden, which Ørsted intends to spearhead.

FlagshipONE will soon become the largest commercial-scale electrofuel facility in Europe and at Liquid Wind we are thrilled that Ørsted is now starting the construction phase of the project. FlagshipONE is our first sold project and is just the beginning of our journey to become the leading developer of electrofuel facilities. This milestone will hopefully inspire many others to also contribute to the decarbonization of shipping. Today is a historical day for Sweden as we put the country on the map as a developer and producer of green electrofuel. All with the intent of reducing the world's dependence on fossil fuels.

Today, we celebrate a long-awaited milestone towards finally seeing FlagshipONE take shape adjacent to our power plant. Through Ørsted and the new e-methanol facility we’ve gained a significant new industrial customer at the High Coast Innovation Park while at the same achieving a reduced carbon footprint. We welcome Ørsted to Örnsköldsvik and look forward to the realisation of this important green initiative.

With the introduction of alternative fuels, a broad range of products with varying production pathways and respective emission intensities enter the market. The emission reduction contribution of a fuel directly correlates with their Well-to-Wake (WTW) emission value. Therefore, fuel prices will reflect the WTW values of a specific fuel. eMethanol and its very low intensity offers a great reduction potential for shipping companies and their customers.

We are excited to take our FlagshipTWO plans to the next level, and we hope for a transparent and efficient permit process. The facility will be an important part of the green transition in Sundsvall, the Region Västernorrland and Sweden, as well as for the maritime industry’s global transition.

We are looking forward to our partnership with Umeå Energi and their future-oriented vision which results in the possibility to jointly establish the first electrofuel facility in Region Västerbotten. The Dåva facility will follow the Örnsköldsvik and Sundsvall facilities already being developed in Västernorrland. The transition to electrofuels in the maritime sector which uses 300 million tons of fossil fuels every year is very urgent. With electrofuel replacing today’s fossil fuels, carbon dioxide emissions can be reduced by over 90%.

As an energy company we play an important role in reducing both society’s climate footprint and the footprint from our operations. Capturing the carbon dioxide from the Dåva cogeneration plant will allow us to take yet another step towards circularity. Umeå Municipality has pledged that the city of Umeå will be climate neutral by 2030, and the municipality itself by 2040. The establishment of an electrofuel production plant at Dåva could be an important step in that direction.

This is fantastic news and represents an ambition that could entail a considerable strengthening of Umeå’s green industry. The establishment of the electrofuel facility would contribute decisively to the municipality’s climate goals. Furthermore, more jobs will be created and through our proximity to a brand-new rail terminal we will be able to ensure sustainable logistics. This might in turn attract more companies within the sector to establish themselves here. We welcome the establishment of the facility, which will be a great help in developing Umeå’s green industry and Dåva business park.

At Liquid Wind we are thrilled to have reached this point together with Ørsted and Övik Energi. The fact that FlagshipONE will be the largest commercial scale electrofuel plant in Europe is extra exciting as we are breaking new ground and hopefully inspiring others to also contribute to the decarbonisation of shipping. Coming together with our partners and investors we are committed to drastically grow production of green electrofuel and reduce the worlds dependency on fossil fuels. Stay tuned for more to come.

Now more than ever, the world needs bold green energy projects to fight climate change, decarbonise hard to electrify sectors, and secure regional energy independence. Ørsted is determined to lead the green transformation of society, and that’s exactly what we’re doing by constructing projects like FlagshipONE. eMethanol is the best solution currently available to decarbonise hard-to-electrify sectors like global shipping, and with this first commercial scale project, Ørsted will break first ground on advancing our industry-leading pipeline of e-methanol projects.

We’re very pleased that we have successfully co-developed FlagshipONE together with Liquid Wind, and we look forward to starting construction of this world class Power-to-X asset. Together with Liquid Wind, we’ve proven that large-scale production of sustainable eMethanol is possible, and I believe that FlagshipONE will become a milestone in the green transformation of the maritime sector.

We have only just begun the journey to become the leading player of electrofuel. Our liquid electrofuel is the most sustainable- and quickest to implement green alternative to fossil fuels in shipping. It is also without doubt the best green alternative when electrification, by for example batteries, is not an option due to range or volume.

We are already one of Europe’s most important bunker hubs and are aiming for the same within electrofuels. Several shipping companies that use the Port of Gothenburg today have ships on the way that are ready to run on electrofuels, and we have the operating regulations necessary in place to be able to bunker these ships.

The energy sector, incl. the hard to decarbonize transport sector, needs transformation towards green and secure energy supply. Renewable molecules like Methanol enable transportability, storability and applicability of renewable energy sources in these hard to decarbonize sectors. European solutions are needed more than ever and together with our strong partners, we have now achieved an important milestone to further support Liquid Wind's growth.

We are really excited to support and develop efficient technical solutions to make electrofuel a reality together with Liquid Wind. It will be an important part of a more sustainable future. Alfa Laval heat transfer and separation technologies are already being used in applications to support the decarbonization of electricity, heating & cooling, fuels and chemicals. We keep on pushing the boundaries, and working closely with our partners, to take us another step closer to tomorrows energy infrastructure.

We are excited to be part of Liquid Wind’s efforts to develop and establish production of green electrofuels, like eMethanol, which can facilitate the decarbonization of hard-to-abate sectors, including the maritime industry. The maritime industry is one of the single biggest emitters of greenhouse gases and, therefore, an industry where green fuel alternatives are needed to achieve a sustainable future. Topsoe’s mission is exactly to support our partners like Liquid Wind in combating climate change.

We are very excited to receive this latest round of funding from our existing strategic shareholders and HyCap. Their valued support is evidence of the importance and urgency of bringing green electrofuel to market. Furthermore, it is a confirmation of the trust our partners have in Liquid Wind and our team.

Obtaining the environmental permit marks another major milestone for FlagshipONE and the maritime value chain that is planning to bring vessels powered by electrofuel to market. In parallel, we are approaching a final investment decision 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 electromethanol (e-fuels) hub.

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.

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.

We are excited about being among the first in the world to capture and use biogenic carbon dioxide to produce electrofuel, here in Örnsköldsvik. With the permit in place, we look forward to the next steps together with the FlagshipONE project team.

Being an industry leader within sustainability, Stena Line has the ambition to achieve a climate neutral operation. This partnership is yet another proof point of our dedication to reduce our carbon footprint. We cannot achieve this on our own – a strategic collaboration across the value chain will be a win-win for all stakeholders in this exciting project.

We are excited that customers, suppliers and competitors alike show commitment and collaborate to decarbonise our industry. With eMethanol from this partnership, DFDS is adding a new e-fuel possibility to deliver on our promise to operate a green vessel latest by 2025

Ørsted is excited about the opportunity to support the Port of Gothenburg, DFDS and Stena Line in their ambition to decarbonise their marine operations by using green e-fuel to be produced at FlagshipONE in Sweden. We certainly appreciate the effort by all stakeholders to be present here today, and I'm very pleased that Ørsted can continue to lead the energy transition for the shipping sector.

We are honoured to have the minister present here at the Port of Gothenburg, at this pivotal moment when the 5+ years of development work that Liquid Wind has put in, meets the reality of real customers, Stena Line and DFDS, leading to the conclusion of long-term agreements that will allow FlagshipONE to establish and construct the first full-scale electrofuel facility in Europe or perhaps even the world. The Minister's support for a large-scale introduction of electrofuels is encouraging going forward. We look forward to a continued constructive dialogue with the Government on how to ensure financial prerequisites for the production of green electrofuels in Sweden.

The Port of Gothenburg has set out to reduce CO2-emissions by 70% within the port area by 2030. This is an extremely important goal for us, but something we cannot achieve on our own. Therefore, we are delighted to have a supplier like Liquid Wind and committed ship owners like Stena Line and DFDS taking these ambitious steps that will make a huge difference towards achieving that goal.

We’re excited to announce FlagshipTWO – a project that will further strengthen Sweden’s position in the green transition while supporting local fossil-free fuel production. The facility in Sundsvall will have twice the capacity compared to FlagshipONE in Örnsköldsvik, and will serve the maritime market.

Sundsvall has set a goal of being climate neutral by 2030 and this is a crucial step in that direction. The company takes a positive view of this opportunity to develop our business together with Liquid Wind and we are absolutely delighted about the positive partnership we have now launched.

We are planning for extensive work over the next several years ahead to enable this development and it can become the largest ever industrial investment in Sundsvall. We will be able to offer our customers energy and waste treatment solutions that will ensure future positive climate footprints. This will place us as one of the companies in pole position in our industry.