The minority financial investment in Prometheus Fuels will certainly sustain A.P. Moller– Maersk’s job to carry out on the method to decarbonise aquatic procedures.

Maersk anticipates numerous gas to exist together with in the future gas mix and also has actually determined 4 prospective gas paths to decarbonization; biodiesel, alcohols, lignin-enhanced alcohols and also ammonia.

The financial investment sustains Maersk’s initiatives with electrofuels that include alcohols generated from renewable resource. Along with biodiesel, alcohols consisting of eco-friendly methanol are possible gas innovations currently today.

Image Credits: maersk.com

Prometheus Fuels is creating an extremely interesting and also cutting-edge innovation to create carbon based electrofuels from straight air capture of CARBON DIOXIDE. Electrofuels are anticipated to play a vital function for the decarbonisation of delivery and also, if scaled effectively, Prometheus Fuels’ innovation will certainly deal with a vital restraint for carbon based electrofuels– specifically the price competition of straight air capture.

Morten Bo Christiansen
Head of Decarbonisation, A.P. Moller– Maersk

Maersk anticipates artificial alcohols and also various other electrofuels to play a huge function in the decarbonisation of delivery, because of its long-lasting scalability benefits contrasted to biobased gas. Produced from renewable resource and also water and also ambient CARBON DIOXIDE from straight air capture, it has the prospective to use unlimited schedule despite geographical extent.

Our no internet carbon, no sulphur electrofuel does not take on food manufacturing– it originates from sustainable power and also air so its feedstock is unlimited. Our electrofuel uses a genuinely practical option to decarbonise delivery– one that can scale and also be carried out in time to stay clear of disastrous international warming. We’re thrilled to companion with Maersk, a worldwide leader in decarbonisation in the transport and also delivery markets, to increase this change.

Rob McGinnis
Founder and also Chief Executive Officer of Prometheus Fuels

Image Credits: maersk.com

Maersk signs up with a group of financiers that includes BMW i Ventures and alsoMetaplanet Peter Votkjaer Jorgensen, Partner at Maersk Growth, will certainly sign up with the Board of Prometheus Fuels.

Decarbonization is a calculated imperative of Maersk, so purchasing this area is an all-natural emphasis factor for Maersk Growth and also one where we can use worth past resources via the experience and also range of the Maersk company. Prometheus’ innovation has turbulent capacity for the eco-friendly gas market, and also we expect adding in addition to picking up from this collaboration in the years ahead.

Peter Votkjaer Jorgensen
Venture Partner in Maersk Growth

In August Maersk gotten 8 Green Methanol sustained ocean-going vessels to be provided from Q1 2024. Earlier this month Maersk bought WasteFuel, a California- based start-up generating eco-friendly bio-methanol from waste.

Reference: maersk.com