Vattenfall, St1 to partner for large-scale SAF production in Sweden
July 1 (Renewables Now) – Vattenfall AB and the Finnish energy company St1 Oy plan to produce synthetic electric fuel from wind-based hydrogen at sea on Sweden’s west coast, focusing on one million cubic meters of production that will mainly be delivered to the aviation industry.
The two companies have signed a letter of intent for the partnership, which will begin with a feasibility study to assess the development of a fossil-free value chain for the production of electric fuels, Vattenfall said on Thursday.
As part of the partnership, Vattenfall will try to build a supply infrastructure on Sweden’s west coast for hydrogen produced from offshore wind. For its part, St1 plans to produce one million cubic meters of electric fuels from 2029.
The fossil-free fuels are primarily intended for the aviation industry. Vattenfall noted that such a volume of fuel would be sufficient to meet the annual demand for aviation fuel at Sweden’s largest airport, Arlanda.
The Swedish company sees enormous potential for decarbonisation on the country’s west coast for industries such as refinery, petrochemicals, steel and fertilizers. Just a few days ago, Vattenfall and the fuel company Preem AB presented a plan to investigate the possibility of decarbonising the refining industry in the region with the help of sea-based wind-based green hydrogen.
“For Vattenfall, the electrification of society and industry is the core of our business strategy. Development and optimization of value chains based on offshore wind power and fossil-free hydrogen is an interesting way forward. Our strong and growing Swedish development portfolio for offshore wind power of more than 20 TWh currently offers large opportunities ”, says Vattenfall’s CEO Anna Borg.
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