LanzaTech receives a €40 million EU grant for a project aimed at reducing industrial carbon emissions through advanced bioreactor technology.
Quiver AI Summary
LanzaTech Global, Inc. has announced the receipt of a €40 million grant from the European Union's Innovation Fund, pending final agreement, to support the first commercial deployment of its second-generation bioreactor. This initiative aims to produce 23.5 kilotons of ethanol annually by converting greenhouse gases from the Porsgrunn Manganese Smelter operated by Eramet Norway AS. With plans for carbon capture and storage, the project seeks to reduce emissions by up to 97%, potentially avoiding nearly 1.7 million tons of CO2 equivalent annually. The initiative represents a significant advancement in sustainable industrial practices, linking carbon capture and utilization with carbon storage, and enhancing the potential for sustainable aviation fuels. LanzaTech's CEO, Jennifer Holmgren, expressed pride in the project's recognition as integral to innovation and environmental objectives, while Enova SF highlighted its role in supporting Norway's climate goals through this strategic funding.
Potential Positives
- LanzaTech Global, Inc. received a €40 million grant from the European Union’s Innovation Fund, highlighting strong institutional support for their innovative projects.
- The project represents the first commercial deployment of LanzaTech’s second-generation bioreactor, which could significantly enhance their operational capabilities and market position.
- By potentially achieving a 97% reduction in emissions and targeting an annual GHG avoidance of 1,698,175 tons CO2e, this initiative underlines LanzaTech's commitment to sustainability and environmental responsibility.
- The recognition from the EU and support from Enova SF affirm LanzaTech’s leading role in transforming carbon management technologies, demonstrating significant economic potential and alignment with global climate goals.
Potential Negatives
- The awarding of the grant is subject to the finalization of the grant agreement, which introduces uncertainty regarding the project’s funding and implementation.
- Relying on a new technology such as the second-generation bioreactor may pose risks if it does not meet performance expectations or if there are unforeseen technical challenges during the commercial deployment.
- The project’s success is contingent upon achieving significant greenhouse gas reductions, which may not be guaranteed and could affect the company’s reputation and market position if targets are not met.
FAQ
What is the purpose of the €40 million grant awarded to LanzaTech?
The grant aims to support the commercial deployment of LanzaTech's second-generation bioreactor to produce ethanol from greenhouse gases.
How much ethanol will LanzaTech's project produce annually?
The project aims to produce 23.5 kilotonnes, approximately 8 million U.S. gallons, of ethanol each year.
What is the expected reduction in emissions from this project?
LanzaTech and Eramet Norway AS seek to achieve up to a 97% reduction in emissions, avoiding 1,698,175 tons CO2e annually.
How does this project integrate carbon capture and utilization?
The project links carbon capture and utilization with carbon capture and storage, using CO-rich furnace gas for sustainable solutions in various sectors.
What role does Enova SF play in this initiative?
Enova SF supports the project through funding and technical assistance, recognizing its importance in advancing Norway's climate goals.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
SKOKIE, Ill., Nov. 05, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA), a leader in industrial carbon recycling, is thrilled to announce the awarding of a €40 million grant from the European Union’s Innovation Fund, subject to the finalization of the grant agreement. The project, featuring the first commercial deployment of LanzaTech’s second-generation bioreactor, aims to produce 23.5 kt (~8M U.S. gallons) of ethanol per year by consuming smelter furnace greenhouse gases (GHG) from the Porsgrunn Manganese Smelter operated by Eramet Norway AS, a world leading ferroalloy producer.
If fully implemented to include carbon capture and storage LanzaTech and Eramet Norway AS seek to achieve up to a 97% reduction in emissions, targeting an annual GHG avoidance of 1,698,175 tons CO 2 e. A co-product of the process, highly concentrated CO 2 , will be purified, liquefied and transported for permanent geological storage in the North Sea, ensuring robust and sustainable disposal of carbon emissions.
This project highlights a pivotal advancement in sustainable industrial practices and demonstrates the innovative integration of carbon management technologies. By utilizing CO rich furnace gas from the ferroalloy production process, this project strategically links carbon capture and utilization (CCU) with carbon capture and storage (CCS) to service the needs of the chemicals and aviation sectors.
Jennifer Holmgren, CEO of LanzaTech, expressed her satisfaction with the project's success in the EU Innovation Fund’s evaluation: “The strength of our application underscores our commitment to innovation and robust technology. The project furthers our role in transforming the carbon recycling sector, demonstrating the significant environmental impact achievable through technology integration. This recognition reaffirms our position at the forefront of biotech and carbon management, aligned with the EU's environmental objectives. It also highlights the economic potential of our sustainable solutions, marking a crucial step in our mission to reduce industrial carbon emissions and advance sustainable aviation fuels.”
Enova SF, a Norwegian government enterprise focused on environmental protection and energy efficiency, has been instrumental in supporting the project through funding and technical assistance. Enova, acting as the National Contact Point for Norway in the EU Innovation Fund, recognizes the strategic importance of this project in advancing Norway's climate goals.
“The Innovation Fund is a key instrument for advancing technologies that deliver major emission reductions. The success of Norwegian projects shows that we have companies who dare to take risks and can deliver world-class solutions,” said Nils Kristian Nakstad, CEO of Enova.
The EU grant will focus on demonstrating and optimizing the technology under real-world industrial conditions and will serve as a critical steppingstone towards the broader application of this technology across other sectors and geographies, potentially transforming the global approach to industrial carbon emissions.
About LanzaTech
LanzaTech Global, Inc. (NASDAQ: LNZA) is a carbon management solutions company that transforms industrial emissions, gasified solid waste and carbon dioxide into recycled carbon ethanol via proprietary bio-fermentation technology. Ethanol is a crucial building block in the world – a key feedstock for Sustainable Aviation Fuel (SAF), marine fuel and other downstream chemical derivatives. Operating commercially at six assets today, LanzaTech’s technology unlocks value across the supply chain, reducing the carbon footprint of hard-to-abate sectors while shepherding recycled carbon fuels and products to the world, building a circular carbon economy. www.lanzatech.com
Contact: [email protected]
