Norwegian has announced a landmark partnership with Norsk e-Fuel to build the first full-scale e-fuel plant in Mosjøen, Norway. The plant will produce sustainable aviation fuels (SAFs), marking an important milestone towards Norwegian's target of 45% emissions reduction by 2030.
To archive this goal Norwegian has signed a strategic partnership agreement with Norsk e-Fuel, with the ambition of securing long-term off-take of SAF and an equity stake in the company. The partnership will contribute to speeding up the production and availability of SAF in favour of a more sustainable aviation industry. The parties aim to finalise the detailed agreement within the next few months.
“We are moving Norwegian into the future. Our sector contributes to great value creation, both socially and economically, and we commit to significantly reducing our climate impact as we take advantage of technological advances within aviation fuel. E-fuels can become a gamechanger for aviation. The partnership with Norsk e-Fuel is a landmark agreement for Norwegian, but also a milestone for aviation in Norway. It helps us move closer to the promise we have given our customers. We want to make it possible for everyone to fly sustainably,” said Geir Karlsen, CEO of Norwegian.
Together for a future-proof, sustainable aviation sector
The goal is to start producing e-fuels in Mosjøen in Northern Norway as early as 2026. The partnership with Norsk e-Fuel is estimated to secure approximately 20% of Norwegian's total demand for SAF until 2030. In addition, Norwegian will invest more than NOK 50 million (£3.8 million) for a minority equity stake in the company. These measures will contribute to reaching Norwegian's goal of a 45% emission reduction by 2030. They also positively impact the European aviation industry's goal of net-zero CO2 emissions by 2050.
