TES and CPC Finland announce Finnish e-NG joint venture
Synthetic fuels company Tree Energy Solutions and renewables outfit CPC Finland have launched a joint company, Luoto Energia, which aims to produce electric natural gas (e-NG), the green synthetic gas made from renewable hydrogen and CO2 that TES produces.
The project, on a 20-hectare site in an extended area of the Port of Rauma, will have an electrolyser capacity of up to 500MW and is expected to produce around 60,000 tonnes of green hydrogen that can be converted into 125,000 tonnes of e-NG (also known as e-methane) per year.
The biogenic CO2 needed for e-NG production will be sourced from Finnish biogenic emitters.
Marco Alverà, Co-founder and Chief Executive of TES, said, “As a drop-in fuel, e-NG can be used to decarbonise sectors such as steel, shipping and heavy transport.”
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