Preem
Date: 2021-01-25
Stockholm, Sweden-headquartered PREEM reports that with a redevelopment of its Green Hydro Treater (GHT) plant in Gothenburg, the facility can now handle 100 pct renewable raw materialsincluding raw tall oil diesel from SunPine, residues from the food industry and recycled frying oil for renewable diesel production. With the upgrade, the plants renewable diesel production capacity has risen by 40 pct.

PREEM notes a focus on renewable fuels is a cornerstone of its business strategy and the redevelopment is another step toward the company's goal of producing 5 million cubic meters of renewable fuels by 2030 and cutting carbon dioxide emissions by 12.5 million tpy -- roughly 20 pct of Sweden's total emissions. (Source: Preem, PR, Website, 22 Jan., 2021) Contact: PREEM, +46 (0) 10 459 1000, www.preem.se/en/in-english

More Low-Carbon Energy News Renewable Fuel,  Renewable Diesel,  Preem,  

Preem, Vattenfall
Date: 2021-01-22
In Sweden, a Stockholm-based collaboration between electric power utility Vattenfall AB and Sweden's major renewable fuel producer Preem AB reports it is considering construction of a 200-500 MW green hydrogen for transportation biofuel production facility at Preem's renewable fuels refinery in Lysekil. As reported on 11 Nov., 2020, the Lysekil facility is being converted to produce 950,000 cubic meters of renewable fuel by 2024.

Preem's target of producing 5 million cubic meters of biofuel by 2030 could deliver a reduction of transport emissions of up to 12.5 million tpy of CO2 -- equivalent to about 20 pct of Sweden's total emissions. (Source: Preem, PR, Website, ChemEngineering, 21 Jan., 2021) Contact: Preem, Peter Abrahamsson, Sustainable Development, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english; Vattenfall, Magnus Kryssare, +46 (0)76-769 56 07, magnus.kryssare@vattenfall.com, www.vattenfall.com

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Preem
Date: 2020-11-11
Stockholm, Sweden-headquartered PREEM is reporting renewable raw materials are now being converted to Swedish Environmental Class 1 diesel at its Synsat refinery in Lysekil which is being converted to produce 950,000 cubic meters of renewable fuel by 2024.

The plant conversion is part of a larger project that intends to convert the existing plant for the large-scale production of renewable fuels. To begin with, five pct rapeseed oil will be combined with the fossil raw material for a limited period. This test process is within the conditions of the existing environmental permit and represents an important basis for the refinery's conversion.

The increased renewable production will play an important role in ensuring Sweden achieves its climate targets. The conversion is estimated to reduce emissions in the entire value chain by between 1.2 and 1.7 million tpy of CO2 of which the largest reduction will take place in road traffic. At the same time, renewable fuel production will be accommodated within existing carbon dioxide emissions from the refinery. The plant is expected to be operational by 2024 at the latest, according to the release. (Source: PREEM, PR, 11 Nov., 2020) Contact: PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english

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Aker Solutions
Date: 2020-05-29
Norwegian engineering firm Aker Solutions reports its mobile carbon capture and storage (CCS) test facility at oil major Preem's hydrogen gas plant refinery in Lysekil, Sweden, has begun test operations. Full-scale operations are slated for later this year when the project reduces the Lysekil refinery emissions by 500,000 metric tpy -- one-third of the refinery's total annual CO2 emission -- according to the company.

The project, a collaboration between Sweden's largest fuel company Preem, Aker Solutions, Chalmers University of Technology, Equinor, and the Norwegian research institute SINTEF, is funded by the Swedish Energy Agency and the Norwegian research and development programme CLIMIT. (Source: Aker Solutions, Website, 27 May, 2020) Contact: Aker Solutions , Luis Araujo, CEO, +47 67 51 30 00, +47 67 82 69 50 fax, www.akersolutions.com

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PREEM. Haldor Topsoe
Date: 2020-03-13
Stockholm-headquartered PREEM reports its selection of Lyngby, Denmark-based Haldor Topsoe A/S's HydroFlex renewable-fuel technology to produce clean renewable diesel and jet fuel at its Gothenburg refinery in Sweden. The 16,000 bpd unit, which is expected to come on line in 2024, will produce renewable fuels from tall oil, tallow, and other renewable feedstocks.

Preem is the largest fuel company in Sweden, with a refining capacity of more than 18 million m3 of crude oil per year.

Topsoe's HydroFlex is an industry-proven technology that produces renewable fuels, such as gasoline, diesel, and sustainable aviation fuel, from all renewable feedstocks. Topsoe will license and supply basic engineering, proprietary equipment, catalysts and technical services. (Source: PREEM, PR, Chem Engineering, 12 Mar.,2020) Contact: Haldor Topsoe, Morten Schaldemose, , EVP, www.topsoe.com; PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english

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Tesla
Date: 2019-10-30
In a recent tweet, Tesla CEO Elon Musk offered a $1,000 discount on its solar panels and Powerwall energy storage system to the more than 2 million Californians affected by utility "preemptive" power disruptions and wildfire power outages which are increasingly common in the Golden State.

Tesla's Powerwall home battery system for a 2,200-square-foot home retails for roughly $14,100 so, although a timely offer, Musk's discount is far from extravagant. (Source: Tesla, The Verge, 28 Oct., 2019)Contact: Tesla Powerwall, www.tesla.com/en_CA/powerwall

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Equinor,Gassnova
Date: 2019-09-09
In Oslo, Norway's Equinor is reporting steel maker ArcelorMittal, Heidelberg Cement, the Swedish refiner Preem, and the Finish energy firm Fortum Oyi are among the firms signing Memorandums of Agreement (MoU) on joining the Norwegian government's Northern Lights underground carbon dioxide (CO2) storage project offshore Norway. The CCS project is led by Equinor in partnership with Shell and the French energy giant Total.

Industry's commitment is considered crucial for the Norwegian government's investment in the project, which aims at capturing and storing up to 5 million tonnes of CO2 from various industrial sites onshore. The project is expected to cost between $802 million and $1.4 billion to establish a full CCS chain. To date, Norway has spent roughly $92 million on the project which could start operations in 2023 or 2024, according to a Gassnova, a governmental agency in charge of CCS development, report.(Source: Equinor, Gassnova, Reuters, 5 Sept., 2019) Contact: Equinor, Eldar Saetre , CEO, www.equinor.com/en; HeidelbergCement, Dr Bernd Scheifele, CEO, Jan Theulen, Director Alternative Resources, www.heidelbergcement.com; Fortum Oyi, www3.fortum.com; PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english

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Preem,Aker Solutions
Date: 2019-03-01
Global engineering company Aker Solutions reports it has been selected by Sweden's largest fuel company PREEM to conduct a feasibility study of the technological and economic impact of implementing carbon capture technology at Preemraff Lyekil, Scandinavia's major crude oil refinery.

The scope of Aker's work includes pilot testing of carbon capture from the oil refinery flue gas in industrial conditions. The test is intended to assess the carbon capture process performance such as solvent degradation rate, energy efficiency and percentage of CO2 captured which will be included in the possible later design and implementation of a large-scale capture plant. The feasibility study will include design of a full-scale carbon capture plant for the Hydrogen Production Unit (HPU) at the refinery. (Source: Aker Solutions, Gas World, 28 Feb., 2019) Contact: Preem, Petter Holland, CEO, +46 (0) 10 459 1000, www.preem.se/en/in-english; Aker Solutions, Oscar Graff , VP, Head of Carbon Capture, Utilisation and Storage, Fredrik Berge, Inv. Relations, +47 22 94 62 19, fredrik.berge@akersolutions.com, www.akersolutions.com

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FERC,Eversource
Date: 2018-11-12
In Concord, the New Hampshire Union Leader is reporting the debate over new legislation requiring the state's utilities to purchase power from wood-burning power plants at higher than market prices is is heating up, thanks to New England Ratepayers Association which filed a petition with the Federal Energy Regulatory Commission (FERC) challenging the legality of the biomass subsidy bill (SB365) that became law on a veto override in September.

According to the petition, requiring utilities to purchase power from wood-burning plants at above market prices is a violation of federal law that gives FERC sole authority to set wholesale prices for electricity. The petition claims that "precedent from the Supreme Court and this Commission make clear that whatever the states may do to encourage the use of renewable or fuel-diverse generation, they may not advance those objectives by setting the price for wholesale sales of electricity."

The petition asks for a declaratory order that SB 365 is preempted by federal law on or before Feb. 1. That's when electricity customers in the Eversource franchise area, more than 70 pct of the state, would begin paying the higher rates.

New Hampshire's six wood-burning power plants are located in parts of the state served by Eversource, which now faces the requirement to purchase their power. (Source: New Hampshire Union Leader, 8 Nov., 2018)

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SAS,PREEM
Date: 2018-07-16
Reporting from Stockholm, Scandinavian airline SAS and Sweden's largest fuel company PREEM have inked a Letter of Intent to partner on the production of renewable jet fuel from forestry residue and other biomass wastes.

Production is slated to get underway at PREEM's expanded Gothenburg refinery in 2022, with the total capacity for biofuels to be more than 264 million gpy of which a subset will be biojet fuel.

SAS has set a target to use all renewable jet fuel in its domestic flights by 2030. Preem's goal is to manufacture 3 million cubic meters (793 million gpy of biofuels by 2030. SAS and PREEM intend to enter more detailed and binding agreements by this September. Preem is also planning a separate project that, together with new hydrogen production plants, will increase the company's renewable fuel production capacity by 60 pct. (Source: PREEM, SAS, GreenCar Congress, 14 July, 2018) Contact: SAS, https://sasgroup.net; PREEM, Petter Holland, CEO, Pres., +46 (0) 10 459 1000, www.preem.se/en/in-english

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