GENA Solutions: Total renewable and low-carbon methanol project pipeline decreases from 62.8 to 61.5 Mt by 2032

MI – the Global Methanol Alliance recently shared with Manifold Times the renewable and low-carbon methanol project pipeline October 2026 release produced by GENA Solutions Oy.

Information from the release is meant to provide the bunkering publication’s readers with insight on renewable methanol availability, and to assist the maritime industry in the adoption of methanol as a mainstream marine fuel heading into IMO 2030/2050.

Key takeaways from GENA’s October 2026 Methanol release are as follows:

• GENA recorded approximately 30 project milestones during October, reflecting continued development activity across the renewable and low-carbon methanol industry.
• Three renewable methanol and four methanol-to-jet (MTJ) projects were selected for funding under the EU Innovation Fund. The total supported renewable methanol capacity amounts to approximately 790 kta, including captive methanol production at MTJ facilities.
• Almost half of European methanol projects have secured substantial EU or national financial support. Nevertheless, around 97% of European renewable methanol projects remain at the pre-FID stage, compared with 91% outside Europe.
• The low-carbon methanol pipeline contracted by 1.6 Mt in October, while the biomethanol and e-methanol pipelines expanded by 0.2 Mt and 0.1 Mt, respectively. Eight new projects were added to Project Navigator, while two frozen projects were removed.
• As of the end of October 2026, GENA tracks 293 renewable and low-carbon methanol projects, representing 61.5 Mt of capacity by 2032.
• Despite the much larger announced pipeline, GENA estimates that operational renewable methanol capacity could reach 6–11 Mt by the end of 2031, up from approximately 0.9 Mt today.

Note: The full article can be viewed here.

Photo credit: GENA Solutions
Published: 29 October, 2026