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Ørsted Secures $100 Million for Texas Power-to-X Facility, Boosting Clean Energy and Local Jobs

Ørsted, a leading U.S. clean energy developer, has been selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations to receive up to $100 million in federal funding to construct a Power-to-X facility, Star e-Methanol, along the Texas Gulf Coast. The project is one of 33 projects across more than 20 states chosen to demonstrate commercial-scale decarbonization solutions to move energy-intensive industries towards net-zero operations. The Star project will produce up to 300,000 metric tons of e-methanol annually, which can be used directly as a marine shipping fuel or as an input in sustainable aviation fuel or in chemical production. It is estimated to create 300 construction jobs and 50 permanent jobs for operations and maintenance. The investments in Texas and the e-fuels industry will create new American jobs and benefit local communities.

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