Ørsted Selected by U.S. Department of Energy to Receive Industrial Decarbonization Funding
Selection will help advance Ørsted's e-methanol facility in
Ørsted's project was selected as one of 33 projects across more than 20 states to demonstrate commercial-scale decarbonization solutions needed to move energy-intensive industries toward net-zero. It was one of a subset chosen for funding that, according to the DOE's Funding Opportunity Announcement, represents a "world-leading, first-or early-of-a-kind, full facility build resulting in significant emissions reductions up to net-zero operations."
"The production of e-methanol will be critical to achieving rapid decarbonization for the most hard-to-electrify sectors, and we are thrilled to have the U.S. Department of Energy's support to develop and scale this new industry," said
The
The Star e-Methanol project consists of multiple components to reach a net-neutral carbon solution. This includes building new onshore wind and solar projects in
The project is estimated to create 300 construction jobs and 50 permanent jobs for operations and maintenance. Many employees supporting the project will be based in
About Ørsted
A global clean energy leader, Ørsted develops, constructs, and operates offshore and land-based wind farms, solar farms, energy storage facilities, and bioenergy plants. Ørsted was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi) and is recognized as the world's most sustainable energy developer in the Corporate Knights Global 100 index.
In
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SOURCE Ørsted
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