The Portuguese Mobilizing Alliance for the production of green methanol

The project

H2Driven promotes the Portuguese Mobilizing Agenda and relies on green methanol for the decarbonization of industry and heavy mobility, which together represent the most significant share of national direct and indirect CO₂ emissions.

This is a project organized in a consortium of 14 partners that aims to build a reliable renewable methanol value chain in Portugal, covering the entire life cycle, from research, engineering, construction, logistics and marketing.

Our goals

Objectives

Install the 1st Portuguese Renewable Methanol Production Plant

Develop a set of R&D projects to boost new technologies in the methanol industry's value chain

The process

The process of renewable methanol production involves the use of sustainable carbon sources, such as carbon dioxide (CO₂) captured from the atmosphere, combined with green hydrogen produced from renewable electricity. This fossil-free methanol can be used as a clean fuel for industries and transportation, contributing to the reduction of greenhouse gas emissions and promoting a circular and sustainable economy.

Impact

80 kton

Annual Production of Renewable Methanol

99,2

kton

CO₂ avoided annually

white and black ship on sea under white clouds

247 M€

Investment

+100

Jobs / Direct employment

H2Driven will contribute to increasing the competitiveness of the national economy while enhancing the country's resilience; reduce dependence on external markets through increased exports, and contribute to the technological sovereignty of the EU; boost investment in R&D and create new technical-scientific knowledge.

The investment in the 1st Renewable Methanol Plant includes:

0M€

overall investment amount.

,0M€

contracted incentive amount.

Investing in the future

In 2025 and 2026, H2Driven will take decisive steps in investing for a sustainable future, with the submission of the Environmental Impact Study (EIA), the approval of the Environmental Impact Declaration (DIA), and the final investment decision (FID), preparing for the Ready to Build (RTB) phase. In 2026, the project will take shape with the arrival of key equipment, the completion of financial execution, and the setting of the commercial operation start date (COD), marking an important milestone in the transition to a renewable methanol economy.

2000

EIA submission

DIA - Environmental Impact Statement

FID - Final Investment Decision

RTB - Ready to build

2000

Arrival of the main equipment

Completion of Financial Execution

COD - Commercial Operation Date

Keep up to date

European Energy produces first E-Methanol

March 17th, 2025

The transition to sustainable synthetic fuels has taken a significant step forward with the production of the first e-methanol at European Energy’s Kassø Power-to-X facility. This breakthrough highlights the potential of Power-to-X technologies in decarbonizing industrial sectors that are difficult to electrify directly.