SHV Energy and Ireland-based DCC Energy announced today that they will collaborate to promote the development of renewable liquid gas.
The two companies have signed a Memorandum of Understanding to explore sustainable opportunities for generating renewable liquid gas (rLG) and renewable and recycled carbon dimethyl ether (rDME). They will work together to identify the best solutions to supply challenges in Europe, which will open the door to production of rLG and rDME at scale. The shared end goal is to secure widespread commercial adoption.
“Sustainable fuels, such as rDME, will be key to helping reduce the carbon emissions of our customers and to contributing to the global energy transition. We look forward to working together with DCC Energy to help realise the potential of this promising fuel,” said Patrick van der Voort, CEO of SHV Energy.
The organisations will assess potential projects and investments that can lead to material, sustainable rLG and rDME supply solutions. They aim to involve other industry stakeholders too to help drive production innovation for the benefit of liquid gas customers and the whole sector.
“It is part of our published strategy to find even lower carbon solutions for our millions of liquid gas customers. We are pleased to partner with SHV Energy on this important project, which will bring us closer to realising our goal to provide cleaner energy to everyone,” said Fabian Ziegler, CEO of DCC Energy.
About DCC plc
Founded in 1976 and listed since 1994, DCC is a leading international sales, marketing and support services group. They provide solutions the world needs across three transformative sectors: energy, healthcare and technology; where they acquire, improve and grow diverse businesses. They have businesses in 21 countries across four continents, empowering their 16,700 employees to create long term value for shareholders, customers, society and the planet. www.dcc.ie
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