Green energy provider OX2 and Bank of Aland collaborate on green port project in Finland
Finnish Bank of Åland and Swedish renewable energy supplier OX2 are undertaking a feasibility study to establish a "Mega Green Port" at the port of Långnäs in the Finnish autonomous region of Åland.
PHOTO: Aerial view of the Port of Langnas in Aland, Finland. Trelleborg
According to the Bank of Åland, one of the significant components of the project is the production and distribution of hydrogen as a shipping fuel.
“Långnäs will also become an important hub for transporting hydrogen through the planned Baltic Sea Hydrogen Collector south to the European continent,” says the Finnish commercial bank.
A subsidiary of the Bank of Åland called Ålandsbanken Fondbolag is developing two offshore wind power projects with OX2, Noatun North and Noatun South. The green port will rely on these projects for power.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) is also involved in the project. It will provide expertise in green e-fuel production and development.
“The global shipping industry is clamouring for green e-fuel on a large scale, which makes the timing of this feasibility study perfect. It needs to get started as soon as possible,” says Johan Byskov Svendsen, programme manager at MMMCZCS.
By Konica Bhatt
Please get in touch with comments or additional info to news@engine.online
