Arbaflame Celebrates another Milestone as the Ninth Vessel Embarks on Transatlantic Journey to Canada.
Oslo, November 27 – In a milestone event for Arbaflame, the ninth vessel, laden with Arbacore pellets, set sail from Oslo to Canada this week, embarking on a transatlantic journey projected to last approximately two weeks.
This event marks a historic achievement in our industry, representing one of the inaugural instances of a ship loaded with bioenergy making its way westward to Canada. Arbaflame reaffirms its global leadership in black pellet production, with the ninth vessel departing from the port of Oslo since start of production from the new plant, transporting biofuels to international clients. Previous shipments have successfully reached destinations such as France, Belgium, the Netherlands, and Denmark, with Canada and Finland joining the list in early 2024.
Maintaining operational stability, Arba One, our industrial demonstration plant, sees an increase in cargo size, mirroring the growth in production at the plant.
Historically, the majority of bioenergy being produced in Canada has been exported to Europe and Asia. The nation has now set ambitious climate targets, which include a commitment to reduce greenhouse gas emissions by at least 40% by 2030 from 2005 levels, with the ultimate goal of achieving net-zero emissions by 2050. To achieve this, Canada is phasing out coal entirely by 2030, with the carbon tax set to rise to 170 CAD per tonne of CO2 by 2027.
Encouragingly, Canadian authorities actively endorse carbon-negative projects, particularly those cantered around bioenergy capture (BECCS). The upcoming verification test, scheduled for March 2024, at an eastern Canadian power plant, aims to showcase the feasibility of replacing coal with our renewable biofuel.
As part of a significant development programme, the end-user in Canada has launched a public consultation, exploring the potential transition of the entire power plant capacity from coal to black pellets. This aligns with broader initiatives to reduce carbon emissions and boost reliance on sustainable energy sources.
Crucially, the verification test is directly linked to potential future Arbaflame projects and production facilities in Canada. As Canada is acting on their commitment to greener energy solutions, this initiative emerges as pivotal example of how power generation can be decarbonized by make use of our technology, and with investments upstream in the supply chain rather than in existing infrastructure.