Ørsted selects carbon capture solutions provider for FlagshipONE

Feb 11, 2024

Carbon Clean has secured a contract to supply the carbon capture equipment for Ørsted’s FlagshipONE project in Sweden, also known as Europe’s largest green methanol project.

Under the contract, Carbon Clean will deliver carbon capture equipment capable of capturing 70,000 tonnes per year of CO2 from a biomass-fired combined heat and power plant in Örnsköldsvik, Sweden.

FlagshipONE will combine the biogenic CO2 with renewable hydrogen to produce 50,000 tonnes per year of eMethanol for use in the shipping industry, which today accounts for around 3% of global carbon emissions. Carbon emissions from shipping have proven hard to abate, but eMethanol is widely believed to be the best scalable green shipping fuel for the next decade.

Aniruddha Sharma, Chair and CEO of Carbon Clean, said: “The FlagshipONE project not only demonstrates the role carbon capture must play in decarbonising hard-to-abate sectors, such as shipping, but also that the technology is ready and there is absolute confidence in our ability to deliver at scale. We speak often about the storage of captured carbon, but this project is a perfect example of utilisation – the ‘U’ in CCUS – and we are thrilled to be working alongside Ørsted to deliver this project.”

Anders Nordstrøm, COO of Ørsted P2X, added: “FlagshipONE is a milestone project for Ørsted and for the decarbonisation of the maritime industry – and we’re very happy to be working with Carbon Clean, as we embark on the journey to transform global shipping.”

Expected to become operational in 2025, FlagshipONE will be Ørsted’s first commercial-scale Power-to-X facility and is described as an important stepping stone towards the company’s ambition of taking a leading position in renewable hydrogen and green fuels.

Ørsted acquired full ownership of the project from Liquid Wind, the original developer of FlagshipONE in December 2022 when it also made a final investment decision (FID).

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The companies awarded by MEA get the opportunity to work closely together with a transnational team of Marine Energy experts on both the technical advancement of their technology, as well as the development of their commercial strategy and business plans. Each service offer is intended to put the company’s technology and business firmly on the […]