Enerkem Announces Approval Of The Ecoplanta Project
Ecoplanta project receives approval: a major step forward with Enerkem's innovative waste-to-methanol technology
Montreal, QC /PRNewswire/ - Enerkem, a global provider of technology that enables the production of low-carbon fuels and chemicals from waste, is proud to announce that Repsol’s Board of Directors has officially approved the Financial Investment Decision (FID) for the Ecoplanta project, marking an important milestone in the drive toward the supply of sustainable fuels and products.
Repsol's Ecoplanta project will leverage Enerkem's cutting-edge technology to transform non-recyclable municipal waste into sustainable methanol that can be used as a feedstock to produce circular materials and advanced biofuels, contributing to the decarbonization of transport and chemicals.
“We are delighted with Ecoplanta’s FID approval, which will play a key role in advancing our commitment to sustainability and circularity,” said Michel Chornet, CEO of Enerkem. “Enerkem’s innovative technology will enable Ecoplanta to have a significant impact on efforts to increase waste recycling, as well as decarbonize hard-to-abate sectors.”
Located in El Morell, Spain, the Ecoplanta plant will help address significant environmental challenges by diverting around 400,000 tonnes of non-recyclable municipal waste from landfills or incineration. Using Enerkem’s advanced gasification technology, the plant will convert this waste into 240,000 tonnes of methanol per year. The plant is scheduled to be commissioned in 2029.
"Our technology has already demonstrated its ability to convert waste into valuable and sustainable products on a commercial scale, and we are confident that Ecoplanta will be an inspiring example for others on the path to decarbonisation. I would like to thank Repsol, Technip Energies, the European Innovation Fund* and our employees for this great achievement. The journey begins," explained Chornet.
About Enerkem
Founded in 2000, Enerkem is a global provider of technology that enables the production of low-carbon fuels and chemicals from waste. Its solutions address both waste management challenges and the decarbonisation of hard-to-abate sectors such as aviation, shipping, chemicals and off-grid energy. Its aim is to contribute to the development of a circular economy for a sustainable, net-zero carbon future. For more information, please visit www.enerkem.com.
* Co-financed by the European Union. The opinions and views expressed are, however, those of the authors and do not necessarily reflect those of the European Union or the European Climate, Infrastructure and Environment Executive Agency (CINEA). Neither the European Union nor the granting authority can be held responsible for them.
Source: Enerkem Inc.
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