A Belgian power-to-methanol project has been terminated by its leading consortium due to economic challenges and high energy costs.
The ‘Power to Methanol Antwerp BV’ consortium was set to initially produce 8,000 tonnes of hydrogen-based e-methanol, developed by Advario, ENGIE, Fluxys, Indaver, INOVYN, ParticipatieMaatschappij Vlaanderen, and the Port of Antwerp-Bruges.
The project was scheduled to begin operations in 2022 and expected to reduce carbon emissions by avoiding at least one tonne of CO2 for every ton of e-methanol produced.
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