DNV has unveiled what it calls the industry’s first public tender portal for e-methanol procurement in the European Union and United Kingdom, marking a major step toward scaling the use of low-carbon fuels across shipping, aviation and heavy industry.
The new digital platform is designed to bridge the gap between renewable fuel producers and industrial offtakers by enabling transparent, competitive tenders for long-term supply agreements of renewable fuels of non-biological origin (RFNBOs).
According to DNV, the portal will initially connect a leading European e-methanol producer with qualified buyers seeking compliant, future-proof fuel solutions. Interest in e-methanol has surged as it meets key decarbonisation rules under EU RED III, FuelEU Maritime, Fit for 55, and the IMO’s emissions targets.
Solving a Key Market Bottleneck
While the technology to produce e-methanol—derived from renewable hydrogen and captured biogenic CO₂—is already available, scaling its market has been hindered by the absence of reliable, certified supply channels and clear pricing frameworks.
“The technology for e-methanol exists, but the market mechanisms to scale it are still forming,” said Santiago Blanco, vice president and regional director at DNV. “By launching this tender, we’re de-risking the procurement process for both producers and offtakers and helping turn ambition into actionable supply agreements.”
DNV said the platform will offer price stability, certification assurance, and compliance support for buyers facing tightening fuel mandates.
Two-Stage Tender, Deliveries from 2028
The tender will run in two stages:
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Non-binding qualification phase to identify eligible buyers
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Direct negotiations between shortlisted participants and the producer
Deliveries of RFNBO-certified e-methanol are expected to begin in the second half of 2028.
DNV believes the initiative will strengthen market confidence and help establish e-methanol as a “bankable commodity” within Europe’s broader decarbonisation ecosystem.
