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WÄRTSILÄ TO COOOPERATE IN NEW SYNTHETIC METHANE FUEL PROJECT

Friday, September 27, 2019 

Wärtsilä and Q Power, a Finnish pioneer in biomethanisation, have signed a cooperation agreement to accelerate the development and commercialisation of renewable fuels.

The companies will work closely together to further develop the market and to find business opportunities for biomethanisation and synthetic fuels globally. The first target will be a mobile demonstration plant at 2020 Dubai between October 2020 and April 2021. It is not clear how the marine fuel market will fit into the programme, but with the rapid uptake of LNG, synthetic methane seems promising.

Q Power’s patented biomethanisation involves taking CO2 from the atmosphere or industrial processes and combining it with hydrogen. Biomethanisation is a Power-to-X technology for producing synthetic methane. Synthetic fuels are held to be essential steps on the path to decarbonisation of the energy, transportation and industrial sectors.

“This is a perfect example of Wärtsilä’s ambitious vision of a 100% renewable energy future and demonstrates the concrete actions we want to take to develop smart technologies for sustainable societies. We are extremely happy and eager to work with Q Power to develop technology and concepts that help the world take concrete steps on the path towards 100% renewables,” said Jaakko Eskola, President & CEO, Wärtsilä Corporation.

“We are thrilled to start working with a global energy leader like Wärtsilä to take forward our unique biomethanisation technology. We see that this partnership provides great value for both parties as well as for society as a whole. Contributing to decarbonisation is our goal, and our technologies are already available today. With this cooperation we’re able to ramp up the technology to a global scale,” sais Ilkka Herlin, Chairman of the Board of Q Power.

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