CMP and Green2x to build one of the world’s largest biofuel plants in Malmö

Port operator Copenhagen Malmö Port (CMP) and Green2x, a company involved in the large-scale production of biomethane and green fuels, have entered into a partnership to design, establish and operate one of the world’s largest biofuel plants to date at CMP’s terminals in the port of Malmö, Sweden.

The partnership aims to ensure a renewable energy supply, local growth and sustainable maritime transport in the future, CMP said, adding that the next step for the two parties is a pilot study period, in which the project is planned in detail and when relevant permits are obtained. The facility is expected to be completed by 2030.

Barbara Scheel Agersnap, CEO of Copenhagen Malmö Port, commented: “Our partnership with Green2x is fully in line with CMP’s ambitions, in which we see the port as a future energy hub. We want to help solve the challenges society faces in the green transition while creating new business opportunities. As a port, our goal is to play a significant regional role in the transition to green fuels in close cooperation with other players in the value chain.”

Mikkel Sjølin Kiil, CEO of Green2x, stated: “We are incredibly pleased to join this exciting partnership with CMP and the City of Malmö. Green2x’s strategic plans are now accelerating, supporting our ambitions to become an international green fuel producer very rapidly. The location in Malmö opens doors to enormous potential. This gives us a unique opportunity to strengthen cooperation with the shipping industry, among others.”

“At the same time, we use the geographical synergies with our plant in Vordingborg, especially when it comes to sourcing large quantities of straw. The tempo, market interest and ambitions are high, and it is gratifying that the next step will be in collaboration with CMP and the City of Malmö.”

To note, Green2x’s technology extracts green energy from the straw that remains after harvesting, which according to CMP, enables the production of green energy on a whole new scale, because the straw contains a lot of energy, and this technology enables more than 95% of it to be recovered. Green2x has recently obtained a permit for the establishment of its first plant in Vordingborg, Denmark, with the start of production scheduled for 2027.

As for CMP’s activities, in 2023, the operator announced the decision to gradually start using fossil-free fuel hydrogenated vegetable oil (HVO100) for its machines at the container terminal in Copenhagen. It is expected that with this step, CMP can reduce fossil diesel consumption by approximately 60,000 liters per year, which corresponds to a reduction of about 130 tonnes of CO2 annually.