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consortium-established-to-build-power-to-methanol-plant
consortium-established-to-build-power-to-methanol-plant

Consortium established to build ‘power-to-methanol’ plant

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A consortium of seven players has been established to build a ‘power-to-methanol’ demonstration plant in the port of Antwerp.

Another important step forward in the transition to alternative energy sources and a sustainable, low-carbon circular port, the project comprises Engie, Fluxys, Indaver, Inovyn, Oiltanking, Port of Antwerp and the PMV – investment company of the Flemish Government.

Construction of a demonstration plant at the Inovyn site in Antwerp is scheduled to start by 2022, with the aim of producing 8,000 tonnes of sustainable methanol annually, avoiding at least an equivalent volume of CO2 emissions.

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