{"id":80248,"date":"2023-10-25T02:00:03","date_gmt":"2023-10-25T02:00:03","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/10\/25\/ksas-aramco-and-enowa-partner-up-on-e-fuels\/"},"modified":"2023-10-25T02:00:03","modified_gmt":"2023-10-25T02:00:03","slug":"ksas-aramco-and-enowa-partner-up-on-e-fuels","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/10\/25\/ksas-aramco-and-enowa-partner-up-on-e-fuels\/","title":{"rendered":"KSA\u2019s Aramco and Enowa partner up on e-fuels"},"content":{"rendered":"

<\/a> KSA\u2019s Aramco and Enowa partner up on e-fuels:<\/strong> Saudi oil giant Aramco and Enowa \u2014 Neom\u2019s energy and water utility subsidiary \u2014 have signed a joint development agreement (JDO) to establish an e-fuel demonstration plant in KSA\u2019s Neom, according to a company statement<\/a>. The e-fuels demonstration plant aims to make a case for the technical feasibility and commercial viability of e-fuel production in the kingdom, the statement notes. The financial details of the agreement and an expected launch date for the planned facility were not provided.<\/p>\n

E-fuels? <\/strong>Synthetic e-fuels<\/a> \u2014 also known as electro fuels \u2014 are generated from a mix of green hydrogen and captured carbon dioxide or monoxide. Low-carbon e-fuel is already compatible with 28 mn European-made cars across 24 engine families in circulation since 2014, and could offset 400 mn tons of emissions by 2050, according to a recent report by Aramco<\/a> and Dutch automaker Stellantis.<\/p>\n

The details: <\/strong>Under the JDO, Neom will oversee construction for the plant which will be located in Enowa\u2019s Hydrogen Innovation and Development Center (HIDC), while Aramco and Enowa will jointly manage operations and investment for the project and \u201crelevant research programs.\u201d The companies are initially targeting a 35 barrel daily production capacity from green hydrogen and captured CO2. If proven viable, the companies plan to up daily production volumes to some 12 tons of synthetic methanol, which would then be converted into low-carbon gasoline using ExxonMobil\u2019s Fluidized-Bed Methanol-to-Gasoline (MtG) technology. Aramco plans to utilize its e-fuels to help decarbonize the transport sector.<\/p>\n

Locally produced green hydrogen: <\/strong>The e-fuels plant in Neom will develop an undisclosed number of solar and wind power farms and will leverage HIDC\u2019s planned 20 MW electrolyzer capacity to provide feedstock for the e-fuels production, according to Aramco.<\/p>\n

Aramco has the carbon capture infrastructure down: <\/strong>Last month, Aramco signed an agreement<\/a> to build one of the world\u2019s largest carbon capture and storage hubs with the capacity to store up to 9 mn tons of carbon dioxide a year by 2027. The facility, which will be located in Jubail, will get some 6 mn tons of CO2 from Aramco, with the rest to come from other industrial sources.<\/p>\n

Not Aramco\u2019s first e-fuels demo plant: <\/strong>Last year, Aramco and Repsol signed a partnership agreement<\/a> to similarly establish an e-fuels demonstration plant in Spain that will initially have an 8k liter daily production capacity. The production demonstration of low-carbon synthetic diesel and jet fuel for automobiles and aircraft.<\/p>\n

IN OTHER KSA NEWS- NEOM launches its tech-focused investment fund: <\/strong>Saudi Arabia\u2019s Neom yesterday launched its investment arm, the NEOM Investment Fund (NIF), in a bid to help expand its technology-focused portfolio, SPA<\/a> reports. NIF \u2014 a wholly owned subsidiary of Neom \u2014 plans to establish joint ventures with global next-gen companies as well as \u201cmultinationals and institutional investors,\u201d and says it will also look to snap up shares in tech-focused startups through equity investments, the news agency notes. The company \u2014 which has already announced investments in companies including Regent, Pony.AI, Boom Technology, BlueNalu, and Animoca Brands \u2014 will also look to expand its global tech foothold through mergers and acquisitions agreements.<\/p>\n","protected":false},"excerpt":{"rendered":"

KSA\u2019s Aramco and Enowa partner up on e-fuels: Saudi oil giant Aramco and Enowa \u2014 Neom\u2019s energy and water utility subsidiary \u2014 have signed a joint development agreement (JDO) to establish an e-fuel demonstration plant in KSA\u2019s Neom, according to a company statement. The e-fuels demonstration plant aims to make a case for the technical […]<\/p>\n","protected":false},"author":1,"featured_media":80249,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1943],"tags":[1942,11,268,89,203,159],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-80248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-fuels","tag-efuels","tag-enterpriseclimate","tag-green-fuels","tag-neom","tag-net-zero","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"710e58a5-3edd-4333-9409-1eb837613ad4","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/1629.jpg","photo_position":"above","related_issue":[80236],"teaser":"","voice_url":""},"yoast_head":"\nKSA\u2019s Aramco and Enowa partner up on e-fuels - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/10\/25\/ksas-aramco-and-enowa-partner-up-on-e-fuels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KSA\u2019s Aramco and Enowa partner up on e-fuels\" \/>\n<meta property=\"og:description\" content=\"KSA\u2019s Aramco and Enowa partner up on e-fuels: Saudi oil giant Aramco and Enowa \u2014 Neom\u2019s energy and water utility subsidiary \u2014 have signed a joint development agreement (JDO) to establish an e-fuel demonstration plant in KSA\u2019s Neom, according to a company statement. 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