Ørsted scraps Flagship One green shipping fuels project in Sweden

Cecilia Keating
clock • 3 min read
A visualisation of the Flagship One project | Credit: Orsted
Image:

A visualisation of the Flagship One project | Credit: Orsted

Company announced plans to cancel Swedish e-methanol plant as it posted its first financial results following 'strategic review' of business

Ørsted has scrapped plans for a major green fuels plant in Sweden, citing slower-than-expected growth in the emerging market for low carbon e-fuels in Europe. Posting its latest financial results yesterday,...

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Cecilia Keating
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