Technology group Wärtsilä and Finnish biomethanisation company Q Power Oy have signed a cooperation agreement to accelerate the development and commercialization of renewable fuels.
The companies will work together to further develop the market and to find global business opportunities for biomethanisation and synthetic fuels.
Q Power, an innovative start-up, has patented a solution for biological methanisation technology that produces biomethane from hydrogen and carbon dioxide. The company was founded by Ilkka Herlin and Saara Kankaanrinta and their biomethanisation concept helps in the transition towards renewable fuels, which are produced by taking CO2 from the atmosphere or industrial processes and combining it with hydrogen.
Biomethanisation is a Power-to-X technology for producing synthetic methane. Synthetic methane and other synthetic fuels are essential steps on the path to decarbonising the energy, transportation and industrial sectors and helping humankind move towards a 100% renewable energy future.
The first goal of the cooperation is to showcase a mobile demonstration plant at the Finnish pavilion at Expo 2020 Dubai, between October 2020 and April 2021. The aim is to deliver greater visibility to the 25 million visitors regarding the concept and possibilities of synthetic fuels.
The collaboration with Q Power is a continuation of Wärtsilä’s way of working with start-ups and collaborating with other energy players to develop and scale up technologies and business opportunities that support a 100% renewable energy future.
“This is a perfect example of Wärtsilä’s ambitious vision of a 100 per cent renewable energy future and demonstrates the concrete actions we want to take to develop smart technologies for sustainable societies. We are extremely happy and eager to work with Q Power to develop technology and concepts that help the world take concrete steps on the path towards 100% renewables,” says Wärtsilä president Jaakko Eskola.
Ilkka Herlin, Q Power Oy chairman, added: “We are thrilled to start working with a global energy leader like Wärtsilä to take forward our unique biomethanisation technology. We see that this partnership provides great value for both parties as well as for society as a whole. Contributing to decarbonisation is our goal, and our technologies are already available today. With this cooperation we’re able to ramp up the technology to a global scale.”
Wärtsilä will be exhibiting and speaking at POWERGEN Europe & European Utility Week, taking place in Paris, 12-14 November 2019. Be sure to visit them at the Finland country pavillion and click the link below to find out more about their efforts to support the energy transition.
Image courtesy of Wärtsilä: Jaakko Eskola, President and CEO of Wärtsilä, and Ilkka Herlin, chairman of the Board of Q Power signed a cooperation agreement to accelerate the development and commercialization of renewable fuels