FOR SUBSCRIBERS
Arcadia eFuels receives EU support
The Vordingborg Harbour project ENDOR receives support from the EU Innovation Fund, but requires full financing to realise sustainable aviation fuel.
Photo: Arcadia eFuels
Arcadia eFuels' ENDOR project at Vordingborg Harbour has been selected for support from the EU Innovation Fund. The commitment applies to a partial amount of the total project sum and will only be disbursed when the project achieves full financing.
The selection is part of a larger EU pool, where the European Commission will distribute 2.9 billion euros to 61 projects aimed at accelerating the development of so-called net-zero technologies. According to the Commission, the projects are spread across 18 countries and 19 industrial sectors and are expected to collectively reduce 221 million tonnes of CO2 equivalents over the first ten years. The support is financed through the Innovation Fund with revenues from the EU's emissions trading system (EU ETS).
For Arcadia eFuels, it specifically concerns a planned Power-to-Liquid plant that will produce 80,000 tonnes of sustainable aviation fuel (eSAF) per year in Vordingborg, as well as the by-product eNaphtha for, among other things, road transport or the chemical industry.
Buy a subscription and get access
Already a subscriber? Log in here
Personal Subscription
-
Premium access to all content on FemernBusiness
-
Unlimited access to our full archive
-
Newsletters with the most important industry updates
-
Breaking news alerts when the biggest stories happen
-
Website login – stay updated with industry news on the go
Buy subscription
Try FehmarnBusiness for free for 14 days
-
Premium access to all content on FemernBusiness
-
Unlimited access to our full archive
-
Newsletters with the most important industry updates
-
Breaking news alerts when the biggest stories happen
-
Website login – stay updated with industry news on the go
Start free trial
