Wärtsilä and Vantaa Energy Ltd. to cooperate on a carbon neutral synthetic biogas production project in Finland
Wärtsilä Corporation, Press release, 18 May 2020 at 9 AM E. Europe Standard Time
The technology group Wärtsilä and Vantaa Energy Ltd., a Finnish energy company, have signed an agreement on a joint concept feasibility study for a Power-to-Gas facility at Vantaa Energy’s waste-to-energy -plant in the city of Vantaa in the capital region. The co-development agreement was signed in May and is valid for 12 months.
The Power-to-Gas facility would produce carbon-neutral synthetic biogas using carbon dioxide emissions and electricity generated at the waste-to-energy plant. The purpose of the joint study is to confirm the optimal size of the project, the cost of synthetic biogas for district heating, and to understand the boundary conditions for project feasibility. Once feasible, the parties intend to continue joint development of the project towards a commercial-scale pilot project. Synthetic biogas would replace the use of conventional natural gas in district heating, thereby reducing Vantaa Energy’s carbon dioxide emissions.
"We need to take fast and determined action in order to stop the climate crisis. In this situation, we energy companies have a significant role to play. We have stepped up the pace, and we will end the use of coal already in 2022. We want to be a driver for change in the energy sector. We are actively and with an open mind seeking the best possible methods of producing energy in a smart and sustainable way and at a reasonable price. This project is an important step towards our goals,” says Jukka Toivonen, CEO of Vantaa Energy Ltd.
“Wärtsilä has been actively working on and investing in Power-to-X research since 2018, during which time we have gained a thorough general understanding of the technology. This co-development agreement will allow us to apply the know-how into a real project. We are very excited about this opportunity as it will demonstrate the feasibility of synthetic fuels as an integral part of power and heat systems, while developing the overall sector coupling concepts going forward. Both Vantaa Energy and Wärtsilä share a vision of a 100% renewable energy future, and this project is a perfect place to start building that vision into concrete business,” says Matti Rautkivi, Director, Strategy and Business Development at Wärtsilä Energy Business.
Wärtsilä will contribute its know-how in Power-to-Gas process and technologies, while Vantaa Energy will bring its experience and understanding of the district heating business and project-specific requirements to the feasibility study.
Caption: Rendering of synthetic biogas production in a Power-to-Gas facility at Vantaa Energy’s waste-to-energy -plant for the needs of district heating and transport.
Read more:
Twentyfour7 article Synthetic fuels supporting Wärtsilä’s vision of a 100 percent renewable energy future
For more information, please contact:
Saara Kujala
General Manager, Business Development
Wärtsilä Energy Business
Mob: +358 40 1849088
saara.kujala@wartsila.com
Sari Luhanka
Manager, Global Media Relations
Wärtsilä Corporation
Mob. +358 50 3860353
sari.luhanka@wartsila.com
All Wärtsilä releases are available at https://www.wartsila.com/media/news-releases and at http://news.cision.com/wartsila-corporation where also the images can be downloaded.
Wärtsilä Energy Business in brief
Wärtsilä Energy Business leads the transition towards a 100% renewable energy future. We help our customers unlock the value of the energy transition by optimising their energy systems and future-proofing their assets. Our offering comprises flexible power plants, energy management systems, and storage, as well as lifecycle services that ensure increased efficiency and guaranteed performance. Wärtsilä has delivered 72 GW of power plant capacity in 180 countries around the world.
https://www.wartsila.com/energy/
Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
