Sweden: 50 MW Electrolysis Plant Preem, Vattenfall Continue Hydrogen Biofuel Collaboration
Preem and Vattenfall will be continuing their collaboration on fossil-free hydrogen gas for producing biofuels on a large-scale in the background of a study conducted in spring. The study reveals that Preem’s Lysekil plant in Sweden is ideal for building a 50 MW electrolysis plant for hydrogen biofuel production.
Stockholm/Sweden – In January, Preem and Vattenfall instigated a strategic analysis of the role of fossil-free hydrogen from electrolysis, produced using fossil-free electricity, could play for Preem's potential to produce biofuels on a large scale. The results for increasing Preem's production of biofuels in the next decade are very promising.
Work continues to investigate the potential of the first 50 MW electrolysis plant at Preem's Lysekil refinery in Sweden with the aim of moving on to the next phase during the spring of 2022.
Preem's goal of producing about 5 million cubic metres of biofuels by 2030 can reduce transport emissions by up to 12.5 million tons of CO2, corresponding to about 20 per cent of Sweden's total emissions. This transition in production will require large-scale supply of hydrogen, and an expansion of one or more electrolyzers can play a major role.
Work continues to investigate the potential of the first 50 MW electrolysis plant at Preem's Lysekil refinery in Sweden with the aim of moving on to the next phase during the spring of 2022..
The size of the first plant is governed by the possibility of scaling up biofuel production as well as obtaining greater output from the electricity grid, which will have an impact on the schedule and costs. A number of factors determine when the new plant can be in place, such as how long the environmental assessment process will take.
"It is very promising that fossil-free electricity has the potential to replace fossil raw materials and thereby reduce emissions from Preem's hydrogen production, as biofuel production increases. To reach Sweden's climate targets, it is vital to partner up to find solutions for transitioning industry processes to lower CO2 emissions. It is also fully in line with Vattenfall's target to enable fossil-free living within one generation," says Andreas Regnell, Vattenfall's Head of Strategy.