Climate solutions and trading firm STX Group has partnered with Norsk e-Fuel to promote biogenic carbon dioxide (CO2) deliveries to future Norsk e-Fuel production sites and address key challenges holding back the growth of the European carbon capture, utilisation and storage (CCUS) market.
By industrialising the production of e-fuels such as sustainable aviation fuel (SAF), Norsk and its partner aim to capitalise on this sustainable alternative to fossil fuels, which can reduce greenhouse gas emissions by up to 99%.
However, there still exist concerns such as insufficient carbon dioxide (CO2) transportation infrastructure and scalable CO2 source availability.
Sead Keric, Managing Partner of Renewable Gas at STX Group, believes that the partnership will help create a solution that benefits the environment and contributes to a low-carbon economy.
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