Vantaa Energy signs with St1 for distribution carbon-neutral synthetic gas
In Finland, the Power-to-Gas plant (P2G) planned for completion by Vantaa Energy in 2025 in Finland produces carbon-neutral synthetic gas, the production process of which utilizes water and carbon dioxide recovered from the waste treatment process in a new and innovative way. Synthetic gas can be used as transport fuel instead of fossil natural gas. The circular economy energy company Vantaa Energy and the energy company St1 have signed a preliminary agreement for cooperation on the distribution of the gas produced by the electric fuel plant to end users and on measures related to distribution.
The preliminary agreement between the circular economy energy company Vantaa Energy and the energy company St1 is a significant step towards cleaner transport and the achievement of both sector-specific and company-specific emission reduction targets. The preliminary agreement between Vantaa Energy and St1 covers cooperation on the distribution of gas produced by Vantaa Energy’s Power-to-Gas plant, which is planned for completion in 2025, to St1’s customers. The electric fuel plant produces environmentally friendly carbon-neutral synthetic gas for transport use, the use of which takes the transport sector towards sector-specific emission reduction targets. The cooperation between Vantaa Energy and St1 is a significant and concrete example of the extensive possibility of greening the transport transition, as the carbon neutral synthetic gas distributed through St1’s service station network is easily accessible to end users. St1’s objective is to start the distribution of liquefied renewable gas in Finland, Sweden and Norway in 2023 and to build nation-wide distribution networks in the coming years.
Category: Fuels