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.
In the coming years, bio-methanol will play a role in various projects in FinCo. That is an additional advantage of the fuel: it is very versatile. You can mix small amounts of methanol with gasoline without having to make adjustments to the system or engines. And what’s even more interesting is that you can completely replace diesel with methanol. That way you can really speed up the energy transition in both inland marine, the fishing industry, and seagoing marine.
Our Project Manager Renewables Eelco Dekker explains: “With a biofuel such as bio-methanol, you’ll quickly find a good match. Is it a bit more expensive? Yes, but only if you look purely at the price per litre. That’s only half the story; you have to look at the system costs, too. Those who sail on methanol save considerable amounts of CO2, soot, sulphur and nitrogen emissions.”
Each customer makes a choice regarding energy supply based on their own cost-benefit analysis. FinCo advises and supports them in this and then supply them with various products and energy carriers. Are you ready the take the first or next step to become more sustainable? Read Eelco’s story.
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?
In the next few years, we must do everything in our power to reduce CO2 emissions worldwide. We want to be a symbol for the transition that alle energy companies must go through. The course has changed and our sustainable product portfolio is transforming rapidly. We have the people, the resources and the innovate power to make a difference and contribute to a more sustainable world. But we can’t do this alone.
To reduce CO2 emissions worldwide we are accelerating the use of sustainable energy carriers and phasing out fossil fuels. One the of the greatest fuels we use to reduce CO2 is HVO, a synthetic diesel, which is produced from the residue streams of the food industry or industrial processes. It is also a very sustainable fuel: it reduces CO2 emissions up to 89 percent and ensures clean combustion, both on land and water.
The energy system of the future consists of all kinds of innovative solutions. These innovations differ per market segment and mode; road traffic requires different solutions than shipping and air transport. We therefore look at new sustainable feedstocks, as well as ground breaking conversion technologies to convert these feedstocks into various suitable energy carriers. That is why we are not only looking at liquid fuels, but also at hydrogen and electricity.