Future Travel Experience
Norwegian is now a shareholder in Norsk e-Fuel. The company will establish what could be the world’s first large-scale production facility for electro-fuel. The partnership will give Norwegian early access to essential fossil-free aviation fuels.
In 2023, Norwegian and Norsk e-Fuel signed a strategic partnership agreement to build the world’s first large-scale production facility for electro-fuel in Mosjøen, northern Norway. Electro-fuel, often called e-fuel, is a fossil-free aviation fuel that can be used in today’s aircraft. The partnership is an important step towards Norwegian’s goal of reducing emissions by 45% by 2030.
The partnership agreement with Norsk e-Fuel secures Norwegian an ownership interest in the company and long-term access to fossil-free aviation fuel. In the first phase, Norwegian has invested more than NOK 12 million, and will invest a further NOK 45-50 million at the next milestone in the project. This secures Norwegian more than 7,000 metric tonnes of fuel per year from the first factory, and volumes could increase to 29,000 metric tonnes annually if the next two planned factories become operational....