- Corporate News
Technip Energies starts study for Texas Green Fuels export complex
Technip Energies has been selected by Texas Green Fuels (TGF) to commence front-end engineering and design (pre-FEED) for the TGF Galveston Bay clean fuels export project.
TGF’s export complex, to be located in Galveston Bay, Texas, U.S.A., will produce industrial-scale sustainable fuels such as clean ammonia, hydrogen, and methanol. TGF expects to become one of the world’s lowest-cost producers of clean fuels due to the abundance of low-cost renewable energy, developed infrastructure, competitive skilled workforce, government incentives, and lower construction costs relative to other regions in the U.S. state of Texas.
Technip Energies, a world-leading engineering and technology player for the energy transition, will perform pre-FEED which will enable TGF to confirm the technical and economic feasibility of the project.
The partnership between Technip Energies and TGF will leverage Technip Energies’ global expertise to extend through engineering, procurement, and construction (EPC) of the Texas Green Fuels complex.
Final investment decision is expected in 2025 with commercial operations commencing in 2028.
“Technip Energies is committed to bringing Texas Green Fuels’ ambitious clean fuels export project to the execution phase as clean fuels made from renewable electricity is an important path to support the world’s energy transition,” said Laure Mandrou, SVP, Carbon-free Solutions of Technip Energies.
TGF’s mission is to support global net zero objectives that mitigate the adverse impacts of climate change by developing projects that convert the world’s abundant, low-cost renewable electricity into clean fuels. These clean products are produced using renewable electricity for all electricity requirements.
TGF’s Founders and Co-CEOs, David Glessner and Langtry Meyer, are experienced in all facets of mega-energy infrastructure export project development.
“Texas Green Fuels will build upon the strong energy culture in Texas to seamlessly offer sustainable fuels such as clean ammonia, hydrogen, and methanol for both domestic and export markets,” said Glessner.
“We’re committed to playing a leading role in this transformative shift” and that “the market for clean fuels will grow rapidly and evolve similarly to LNG,” said Meyer.