Liquid Wind gets environmental permit for Swedish electrofuel plant

Swedish electrofuel development firm Liquid Wind on Monday said it has obtained environmental permit for what it says will become Europe’s largest green electrofuel facility.

The project, FlagshipONE, is located in the municipality of Ornskoldsvik, northeastern Sweden, and is slated to produce 50,000 tonnes a year of green fuel for the shipping industry from 2024. Earlier this year, Ørsted A/S (CPH:ORSTED) took a 45% stake in the project.

Liquid Wind said that the Land and Environment Court in Umea awarded the environmental permit 11 months after the application submission.

In parallel, the company is approaching a final investment decision for FlagshipONE, said chief executive and founder Claes Fredriksson. It recently announced a collaboration with DFDS, Stena Line, Ørsted and the Port of Gothenburg to create an electromethanol hub, the CEO noted.

Initial construction in the form of ground preparations is expected to start in 2023.

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