Ireland · E-Methanol · Maritime Fuel
Atlantic Green Fuels is developing Ireland's first large-scale e-methanol plant — combining abundant onshore wind with biogenic CO₂ to produce renewable fuel for the global shipping industry.
About the Project
Atlantic Green Fuels is developing a 100,000 tonne per annum e-methanol facility at Ringaskiddy, Cork Harbour — Ireland's premier deepwater industrial port. We combine Ireland's world-class onshore wind resource with biogenic CO₂ from Irish food, beverage, and agri-processing industries to produce renewable methanol — a drop-in fuel for the growing fleet of methanol-ready vessels operating under FuelEU Maritime regulation.
The project has selected its site and secured its primary CO₂ supply relationships. We are in active development, with feasibility studies underway and stakeholder engagement across wind developers, offtakers, and the EU Innovation Fund programme.
E-methanol produced from renewable electricity and biogenic CO₂ meets the most stringent maritime decarbonisation standards from day one.
Targeting up to 60% of eligible capital costs through the EU Innovation Fund's Net-Zero Technologies grant programme.
PEM or alkaline electrolysis combined with established methanol synthesis — no first-of-a-kind technology risk, executed at scale.
Sourcing CO₂ from Ireland's dairy processing and distilling industries — abundant, biogenic, and pipeline-connected to Ringaskiddy from primary supply partners in Munster.
The Process
A long-term private-wire or corporate PPA with an Irish wind developer delivers competitive renewable power to a >150 MW electrolyser — the project's dominant cost driver and RFNBO qualification anchor.
→Biogenic CO₂ from Ireland's dairy processing and distilling industries — currently vented to atmosphere — is captured, purified, and transported by pipeline and road tanker to Ringaskiddy. Primary supply relationships with Munster producers are in active development.
→Green hydrogen and captured CO₂ are combined in a proven catalytic methanol synthesis loop using established commercial technology to produce 100,000 tonnes per year of RFNBO-compliant e-methanol for bunkering.
Why Ireland
Electricity accounts for 50–60% of e-methanol production cost. Ireland's onshore wind capacity factors of 30–35% and competitive long-term PPA pricing create a structural cost advantage over continental European sites — a €100–200/tonne LCOM benefit that compounds across a 25-year project life.
Up to 60% of eligible CAPEX. UK sites are not eligible. A €100M+ grant transforms project economics.
As an EU member state, Ireland provides a clear, automatic pathway under RED III Delegated Acts — essential for FuelEU Maritime compliance.
No e-methanol project is in development in Ireland. Ringaskiddy's IDA-zoned industrial land, deepwater access, and existing heavy industry precedent give AGF a planning and infrastructure head start.
Ireland's dairy and distilling sectors emit hundreds of thousands of tonnes of biogenic CO₂ annually — currently vented to atmosphere and available for capture at source.
Get Involved
Our site at Ringaskiddy, Cork Harbour is selected. CO₂ supply relationships with Munster producers are in development. If you can contribute to the project — or want to learn more — we'd like to hear from you.