LNG challenges growth of green methanol
The fuel’s inroads in maritime fuel market hamper efforts to secure demand for synthetic fuel, German utility Uniper tells World Hydrogen Congress
The growth of the synthetic methanol sector has slowed as it faces growing competition from LNG in the maritime fuels markets and pushback from offtakers unwilling to pay a green premium, according to German utility Uniper. Uniper is investing in production of the green fuel, with a strong focus on the Nordic region as it has the “key ingredients” for synthetic methanol production: competitive power prices, decent access to power grids and available sources of biogenic CO₂, Sebastian Groeblinghoff, the company’s vice-president of Nordic green fuel assets, told the World Hydrogen Congress in Copenhagen. Earlier this year, Uniper signed an agreement with Swedish municipal energy company Jamtkr
Also in this section
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
