Fuelling the Future 2026

European Energy and Mitsui Kassø e-methanol facility (Denmark)CASE STUDY 9 Description First-of-a-kind commercial-scale e-methanol plant developed by European Energy and Mitsui. The plant is strategically located adjacent to Europe’s largest solar park (304 MW), allowing direct supply of renewable power to its electrolysers to produce green hydrogen, which is then synthesized with captured CO2 to make e-methanol. Solutions –Technology integration and power price arbitrage: Integrates solar power, electrolysis, CCUS and methanol synthesis, producing e-methanol only when power prices fall below a set threshold to maximize profitability. –Cross-sector offtake contracts: Revenues de-risked through offtake contracts signed with Maersk (maritime), The LEGO Group (plastics) and Novo Nordisk (pharmaceuticals). Ability to sell across sectors provides optionality and reduces risk. Impact –304 MW solar power capacity; ~42,000 tonnes/yr e-methanol production capacity. –Up to 97% reduction in CO2 emissions compared to fossil methanol. Sources: Mitsui & Co, European Energy.66 Fuelling the Future: How Business, Finance and Policy can Accelerate the Clean Fuels Market 35