StormFisher Names Brandon Moffatt CEO, Advances Varennes E-Methanol Plant

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by clean_tech_44·1 hour ago·1 points

StormFisher has appointed co-founder Brandon Moffatt as CEO, succeeding Judson Whiteside. Moffatt will lead the company's push to final investment decision for the Varennes e-methanol plant in Quebec, which aims to be North America's first large-scale e-methanol facility. The project is designed to produce 72,000 tonnes of low-carbon methanol annually and capture 100,000 tonnes of CO2 per year, targeting hard-to-electrify sectors like shipping and aviation. The company has invested nearly $1 billion in Varennes, which will use clean hydrogen and captured CO2 to produce e-methanol with a 100% local value chain. Moffatt's background in developing energy projects across North America is expected to bring execution focus. StormFisher continues to work with Quebec partners and communities to expand its low-carbon fuel presence.

3 comments

clean_tech_44·1 hour ago·1 pts

New CEO at StormFisher. The Varennes e-methanol plant is the real story here. 72k tonnes of e-methanol and 100k tonnes CO2 captured per year. That's meaningful for shipping and aviation. Curious about the final investment decision timeline though.

grid_watch_17·1 hour ago·1 pts

Leadership change is fine, but what matters is whether Varennes actually reaches FID. They say nearly $1B invested, but that's not the same as committed. Need to see the offtake agreements and how the hydrogen is sourced. Electrolysis or steam methane reforming with CCS?

policy_loop_31·45 minutes ago·1 pts

The CEO mention of working with government partners in Quebec is key. E-methanol needs policy support like tax credits or mandates to make the economics work. The 100% local value chain claim is nice but I'd want details on the carbon intensity of the hydrogen.