FinCo is moving from fossil fuels to alternative energy carriers. And one of those new energy carriers is hydrogen. It is important for hydrogen companies to be in touch with the market and know exactly when the various sectors will switch energy carriers. If you do not have good contacts within those sectors, you miss that moment. FinCo has those contacts; that’s why our organisation is also such a suitable partner for parties in hydrogen.
Currently, there are two projects underway. An electrolyser will be built in Den Helder, which can be used to produce green hydrogen. Green hydrogen is an important building block for many other renewable energy carriers. It is indispensable in the production of e-fuels and can play a major role in the transport sector. If you want to make hydrogen more sustainable, you must use green electricity in the production, usually sources from wind and solar energy. At the moment we are mainly focusing on the Dutch coastal shipping sector; that’s where we see movement, willingness and interest.
The second project offers a solution for the storage and transport of hydrogen. The project is currently in research phase, but there is a lot of interest already, because we found a method which will make this particular carrier liquid cheaper than if you have to pressurise or cool the hydrogen.
Our Project Manager Renewables Daan Faber explains: “Regarding the future it is important for energy companies to focus on a mix of energy carriers. With biofuels you can save a lot of CO2 in the short term, but ultimately they are an interim solution for some sectors. Electrification in combination with batteries has many advantages but is not applicable in every sector. So organisations will have to look to alternatives. And many of those alternatives are focused on hydrogen. A lot still needs to be done to make hydrogen cost-effectively usable worldwide, but at FinCo we want to speed up the process. For that we need parties that are willing to take steps early to greenify their business operations. Are you willing to go the extra mile?”
Curious how are Project Manager Renewables advises our network when it comes to important sustainability choices? Read his story.
FincoEnergies is an independent, leading provider of sustainable energy solutions. Our mission is to propel our customers’ transition towards a better world. At FincoEnergies, we focus on providing low-carbon energy and decarbonisation solutions. With these solutions, we empower our customers to calculate, reduce, inset and offset their emissions.
There are several reasons why methanol is interesting for FinCo and the markets we serve. First off: methanol is a liquid. This means that it fits perfectly into our existing logistics system. Secondly, you can make methanol from almost any residue stream you can think of, so the feedstocks are always available. In addition, methanol’s production process is relatively simple and requires relatively little energy. And because you make it from sustainable feedstocks, the product has a very low carbon footprint, with savings up to 80 to high in the 90s percent. So when we’re talking about methanol, we’re always talking about bio-methanol.
Why wait with the energy transition? By providing sustainable fuels that ships can already use today, GoodFuels creates momentum in the shipping industry. We strive to propel the shipping industry forward, towards a greener future.
At FinCo Fuel Group, we always challenge ourselves to provide the most sufficient sustainable solutions. After all, we want to service our customers during their CO2 journey to decarbonisation. At the same time, we also look for ways to improve internally. What can we do to contribute to a better, more sustainable world?
