Wärtsilä to contribute its liquefaction expertise for major energy transition project in Finland
Wärtsilä Corporation, Press release, 15 August 2023 at 12 noon EEST
Technology group Wärtsilä will provide the front-end engineering design (FEED) for the liquefaction and storage of liquefied synthetic methane (LSM). The plant is to be built by Koppö Energia Oy, a joint venture company between Germany’s Prime Green Energy Infrastructure Fund and CPC Finland Oy, in Kristinestad, Finland. The FEED will be booked by Wärtsilä in Q3, 2023.
The Power-to-X plant represents a leading Finnish sustainable energy transition project. It will have a capacity of 200 MW and will convert green electricity into hydrogen and sustainable LSM. Up to 500 MW of wind and 100 MW of photovoltaic power will be developed under the Koppö Energy Cluster to supply the plant with completely emission-free renewable energy.
“We conducted a diligent selection process before awarding the FEED agreements for our energy transition project. Wärtsilä Gas Solutions is globally recognised as a leader in advanced liquefaction and storage solutions, and their expertise in this field will be an important contribution to the success of the project,” said Thomas Zirngibl, Board Member, Koppö Energia.
“Wärtsilä is committed to decarbonising energy production, so we are naturally proud and pleased to have been selected to participate in this important project. As the energy transition progresses, we expect green hydrogen to play an increasingly relevant part. Our company is also heavily involved in the research and development of alternative sustainable fuels, and we see Power-to-X technologies playing a growing role in the energy transition towards a future where renewable energy becomes increasingly important,” says Trond Inge Flønes, Sales and Business Development Manager, Wärtsilä Gas Solutions.
The green hydrogen produced in Kristinestad will be converted into LSM to be used as a sustainable fuel for heavy transport. The investment decision for the plant is expected to be made in the beginning of 2024.
Earlier this year, the project was awarded the Power-to-X Innovation Award at the Tamarindo Global Wind Investment Awards ceremony.
Wärtsilä Gas Solutions is a market leader with innovative systems and lifecycle solutions for the gas value chain. Our main focus areas are the handling of gas in seaborne transport (storage, fuel, transfer and BOG management), gas to power, liquefaction and biogas solutions. We help our customers on their journey towards a sustainable future through a focus on lifecycle performance, innovation and digitalisation.
Media contact for more information on this release:
Elin Saure Hasund
Sales & Marketing Coordinator, Gas Solutions
Wärtsilä Marine Systems
Tel: +47 91721144
[email protected]
Image caption 1: Kristinestad site © Koppö Energia / Rambøll
Image caption 2: Koppö Energy is preparing the production of sustainable liquefied methane using renewable energy and green hydrogen. Wärtsila Gas Solutions will be responsible for the liquefaction and storage of liquefied synthetic methane (LSM)© Andritz
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Wärtsilä Marine Systems in brief:
Wärtsilä Marine Systems supports customers with high quality products and lifecycle services related to the gas value chain, exhaust treatment, shaft line and underwater repair. We are committed to providing the latest and most efficient solutions, in line with Wärtsilä’s vision for a safe and sustainable future for our customers, our communities and our planet.
www.wartsila.com/marine
Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in more than 240 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2022, Wärtsilä’s net sales totalled EUR 5.8 billion. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
