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Press Release02 March 2022Siemens EnergyMunich / Copenhagen
Siemens Energy secures electrolyzer order from European Energy for world`s first large-scale eMethanol project
Siemens Energy will design, supply and commission the
electrolysis system consisting of three full arrays of its latest and most powerful
line of PEM (proton exchange membrane) electrolysis products including
transformers, rectifiers, distributed control system (DCS) plus the equipment to
produce demineralized water. European Energy is the
owner of the project and will be responsible for the engineering, procurement
and construction, as well as for the operation of the facility.
Stefano
Innocenzi, Senior Vice President of the New Energy Business at Siemens Energy,
said: “Climate change requires urgent action. Together with our partner European
Energy we are taking over a first mover’s role in decarbonizing the marine
industry. With this project we will bring e-Methanol to market at scale. E-Methanol
or derived e-Fuels are predestined for long-distance ship and road
transportation as well as for aviation. The project will be proof of the
successful commercialization and scaling of our PEM technology.”
Knud Erik
Andersen, CEO of European Energy, said: “We are pleased to place this important
order of what is believed to be the first large-scale commercial Power-to-X-project
of its kind in the world. This is a crucial moment in the green transition as
we move forward with the decarbonization of hard-to-abate sectors such as the
shipping industry, and we trust that Siemens Energy outstanding know-how of
electrolyzers will become a strong foundation to expand our business of
delivering sustainable fuels to the world.”
The global shipping consumes around 3,050 terawatt hours (TWh)
of the worldwide final energy consumption. For comparison: This is more than
five times the total electricity consumption of Germany. And as nearly all is
based on fossil fuels, mainly bunker oil, the shipping sector emits about 1,000
million tons of CO2 per year, about 13% of the greenhouse gas
emissions from global transport. The International Maritime Organization (IMO)
has already committed the shipping sector to halve greenhouse gas (GHG)
emissions by 2050 (based on 2008 level) to meet Paris Agreement targets.
Measures are new logistics approaches, increased efficiency, speed/power
reductions and – as the most effective pathway – the application of sustainable
fuels, i.e. largely carbon-neutral electricity-based fuels (e-Fuels), for
propulsion.
CO2-neutral fuel for the shipping sector: World's first large-scale eMethanol project to be built in Denmark
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Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs around 91,000 people worldwide in more than 90 countries and generated revenue of €28.5 billion in fiscal year 2021.