LanzaTech Secures €40 Million EU Innovation Fund Grant for first-of-its-kind integrated CCUS project in Norway

Core Insights - LanzaTech Global, Inc. has been awarded a €40 million grant from the European Union's Innovation Fund for the commercial deployment of its second-generation bioreactor, aiming to produce 23.5 kt (~8 million U.S. gallons) of ethanol annually by utilizing greenhouse gases from the Porsgrunn Manganese Smelter operated by Eramet Norway AS [1][2] Group 1: Project Overview - The project aims for a potential 97% reduction in emissions, targeting an annual greenhouse gas avoidance of 1,698,175 tons CO2e through carbon capture and storage [2] - A co-product of the process will be highly concentrated CO2, which will be purified, liquefied, and transported for permanent geological storage in the North Sea [2][3] Group 2: Technological and Environmental Impact - This initiative represents a significant advancement in sustainable industrial practices, integrating carbon capture and utilization (CCU) with carbon capture and storage (CCS) to meet the needs of the chemicals and aviation sectors [3] - The project is expected to demonstrate and optimize technology under real-world industrial conditions, serving as a critical steppingstone for broader applications across various sectors and geographies [6] Group 3: Strategic Importance and Support - Enova SF, a Norwegian government enterprise, has provided funding and technical assistance, recognizing the project's strategic importance in advancing Norway's climate goals [4][5] - The success of this project underscores the commitment to innovation and the potential economic benefits of sustainable solutions, aligning with the EU's environmental objectives [4]