Topsoe and Forestal del Atlántico partnered up for the Triskelion project, located in Galicia, Spain for the production of e-Methanol.
The project, owned by the Spanish shipping and chemicals company Forestal del Atlántico, was a recipient of a EUR 49m grant from the EU Innovation Fund in 2023. Topsoe will provide its e-Methanol reactor and catalyst technologies, as well as engineering support to the project. Once operational, the plant will produce 40,000 tons of e-Methanol, while capturing and using c. 56,000 tons of CO2 annually. Moreover, the e-Methanol produced is initially intended for bunkering, transportation, and applications in the chemicals industries.
The final investment decision (FID) for the project is expected in June 2025, and first operation is planned for January 2028.
We are excited to be selected as the technology provider for this promising project. e-Methanol will act as a key driver in decarbonizing the energy-intensive sectors and may be one of the leading e-fuels used in reducing carbon emissions in industries such as international shipping.
..said Kim Hedegaard, CEO Power-to-X, Topsoe.
Facts about the Triskelion e-Methanol plant
- The plant has received a EUR 49m grant from the European Union Emissions Trading System’s Innovation Fund in 2023.
- Location: Mugardos, Galicia, Spain.
- Output: The plant is designed to produce 40,000 tons of e-Methanol and will capture and use c. 56,000 tons of CO2 each year to produce the e-Methanol.
- Power input: To be supplied from renewable sources through Power Purchased Agreements (PPAs), ensuring renewable and continuous power supply during the 8,000 hours/year of operation.
- Anticipated entry into operation: January 2028.
Andrés Fuentes, CEO, Forestal del Atlántico commented that for Forestal del Atlántico it is very important to have leading technology suppliers for the development of a project such as Triskelion.
Topsoe is a guarantee of the highest level to successfully develop and decarbonize our company, after more than 30 years using methanol of fossil origin for our production processes as well as distributing it in the market.
…said Andrés Fuentes.
