Nordic Electrofuel AS
Budget
€10 — €0
EP Access
0
accredited persons
Staff
1
0.1 FTE
EU Grants
None
Mission & Goals
Nordic Electrofuel AS (NEF) will produce high quality, carbon neutral, synthetic fuels and other fossil replacement products, based on water, carbon dioxide/monoxide and renewable power. NEF will build the world first commercial Power-to-Liquid plant called E-fuel 1 at Herøya Industrial Park in Porsgrunn, Norway. The E-fuel 1 is designed for an annual production capacity of 10 million liter/year resulting in a reduction of the CO2 footprint by 25 000 tons/year. The demonstration plant will be the steppingstone for a full-scale plant with a capacity of 200 million liter/year which will reduce CO2 with 500 000 tons/year. Our ambition is to have installed a capacity of 1 bn liter/year with an annual CO2 reduction of 2.5 million tons by 2035, while our 2050 target is a production capacity of 25 bn liter/year which leads to GHG savings of 62.5 million tons/year. Our main target market is the aviation industry by producing Sustainable Aviation Fuel (SAF).
EU Legislative Interests
- European Parliament Resolution on the European Green Deal - Fit for 55 - Revision of the renewable energy directive - ReFuelEU Aviation for sustainable aviation fuels
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
https://co2value.eu/our-members/ https://www.efuel-alliance.eu/initiative/members https://transport.ec.europa.eu/transport-themes/clean-transport/alternative-fuels-sustainable-mobility-europe/renewable-and-low-carbon-fuels-value-chain-industrial-alliance_en https://eicscalingclub.eu/
Organisation Members
https://nordicelectrofuel.no/
Additional Information
We received a grant of EUR 40 mill. in 2023 in the following program Call: InnovFund-2022-LSC (Innovation Fund Large Scale Projects) Topic: InnovFund-2022-LSC-04-PILOTS Type of Action: InnovFund-LS (INNOVFUND Lump Sum Grants) Proposal number: 101132987 Proposal acronym: E-fuel Pilot Type of Model Grant Agreement: INNOVFUND Lump Sum Grant No grant has so far been paid out as it is dependent on Nordic Electrofuel to take a final investment decision for our first plant.
Commissioner Meetings
No recorded meetings with EU commissioners.