Ørsted has decided to throw in the towel regarding the company's prestige project FlagshipOne.
In the shipping industry, there were high hopes that the facility would have been a major supplier of green methanol for ships.
The announcement comes just a week after A.P. Møller-Maersk announced that in the next phase of its fleet renewal program, it...
Was supposed to be a major supplier to shipping - now the prestige project is canceled
The facility was supposed to be a major supplier of green methanol to the shipping industry - now it has been scrapped
FlagshipONE was intended to be constructed at the biomass-fueled combined heat and power plant, Hörneborgsverket, in Örnsköldsvik, operated by the Swedish utility company Övik Energi. Graphic: Ørsted
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