Elyse Energy
Elyse Energy is an independent French developer-operator founded in 2020 that designs, builds, finances, and operates plants producing e-methanol, sustainable aviation fuels, and low-carbon hydrogen from green hydrogen and recycled CO2, serving chemical manufacturers, maritime operators, and airlines across France and the Iberian Peninsula.
- Company typePrivate
- Founded2020
- HeadquartersLyon, France
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Elyse Energy does
Elyse Energy is an independent French industrial SME founded in 2020 by Falkor and Vol-V, headquartered in Lyon, that operates as a developer-owner-operator of low-carbon molecule production units. The company integrates mature industrial technologies — water electrolysis (powered by renewable or nuclear electricity), CO2 capture from industrial emitters, methanolization, and Fischer-Tropsch synthesis (including the BioTfueL process licensed via an IFP Energies nouvelles / Avril / Axens / CEA / TotalEnergies / ThyssenKrupp consortium) — to produce e-methanol, sustainable aviation fuels (e-biokerosene and naphtha), and low-carbon hydrogen. Its active project portfolio spans six sites across France and the Iberian Peninsula: eM-Rhône (Roches-Roussillon, 150,000 tpa e-methanol, ~€700M), E-CHO/BioTJet (Lacq, 88,000 tpa e-methanol, 87,000 tpa SAF, 28,000 tpa naphtha, ~€1B), NeoCarb (Fos-sur-Mer), Green Coast (Nantes Saint-Nazaire, 150,000 tpa e-methanol with Lhyfe), eM-Numancia (Garray, Spain, up to 50,000 tpa), and Lusitania (Portugal). Targeted long-term aggregate output is nearly 2.5 GW of electrolysis capacity, over 1 million tonnes per year of e-methanol, and 200,000 tonnes per year of SAF, with industrial commissioning staged for 2027–2029.
The company serves three primary customer segments: chemical manufacturers seeking to replace approximately 600,000 tonnes/year of imported fossil methanol with domestic e-methanol; maritime shipping operators (notably Corsica Linea for the Corsica-Continent corridor) requiring drop-in e-methanol fuel for methanol-powered vessels; and aviation operators needing sustainable aviation fuels to comply with ReFuelEU Aviation mandates. Strategic partners for feedstock and infrastructure include Lafarge France (up to 200,000 tpa CO2 supply from cement plants), Lhyfe (green hydrogen supply for Green Coast), Teréga Solutions (Lacq hydrogen/CO2/O2 infrastructure), thyssenkrupp Uhde (BioTJet process technology), KHIMOD (rWGS and Fischer-Tropsch reactors), and OSIRIS/GIP CHEMPARC (industrial platform hosting).
Elyse Energy makes money by selling its synthesized low-carbon molecules (e-methanol, SAF, naphtha) under long-term off-take agreements with enterprise industrial customers, rather than by selling projects or technology licenses. The go-to-market is enterprise-field-sales-led, targeting chemical industry players, shipping operators, and airlines through direct engagement and strategic partnerships. Pricing is project-by-project and not publicly disclosed. Capital is sourced from a combination of equity (notably ~€120M in December 2024 from Hy24, PGGM, Bpifrance, and Mirova), debt (~€70M in November 2025 backed by Bpifrance Assurance Export's Garanti of Strategic Projects), and non-dilutive public funding (European Innovation Fund, European Hydrogen Bank, ADEME under France 2030). Headcount reached 84 employees in 2024, up from approximately 10 in 2021, reflecting the company's expansion from a platform-formation phase into a multi-project execution phase.
Elyse Energy firmographics
Firmographics- Name
- Elyse Energy
- Legal name
- Elyse Energy
- Website
- https://elyse.energy
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Elyse Energy is an independent French developer-operator founded in 2020 that designs, builds, finances, and operates plants producing e-methanol, sustainable aviation fuels, and low-carbon hydrogen from green hydrogen and recycled CO2, serving chemical manufacturers, maritime operators, and airlines across France and the Iberian Peninsula.
- Ownership category
- akta.pro rank
Elyse Energy industry classification
Industry- Product category
- Low-Carbon Fuel and Chemical Manufacturing
- NAICS
- Chemical Manufacturing (325), Industrial Gas Manufacturing (32512), Petroleum and Coal Products Manufacturing (3241)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols) (EUABAIAB)
- akta.pro secondary industries
- E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane) (EUABAIAA), Sustainable Aviation Fuel (SAF) Production (HEFA, FT, ATJ) (EUAAAHAE), CO₂‑Derived Synthetic Fuels for Aviation & Marine (SAF e‑fuels, e‑ammonia/e‑methanol bunkering pathways) (EUABAIAH), Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen) (TLAHAKAC), Sustainable Aviation Fuel (SAF) & Alternative Fuels (e-fuels, biofuels, hydrogen) (THABANAA)
Keywords
Where Elyse Energy is headquartered
LocationHeadquarters
- HQ city
- Lyon
- HQ country
- France
- HQ region
- Europe
Offices6 records
Markets served
Elyse Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain
Revenue model
- Sale of Low-Carbon Molecules (e-methanol, SAF, naphtha): Elyse Energy operates its own production plants and generates revenue by selling synthesized low-carbon molecules (e-methanol, sustainable aviation fuels, naphtha) to chemical manufacturers, maritime operators, and airlines. The business model is based on molecule sales rather than project sales, with long-term off-take agreements underpinning project financing.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Elyse Energy product offering
Product offeringCore offering
Elyse Energy designs, develops, finances, builds, and operates production units for low-carbon molecules — primarily e-methanol, sustainable aviation fuels (SAF including e-biokerosene), and low-carbon hydrogen. The company integrates mature industrial technologies (water electrolysis, CO2 capture, methanolization, Fischer-Tropsch synthesis) to convert renewable or nuclear electricity and recycled CO2 into drop-in synthetic molecules that replace fossil and imported equivalents for the chemical, maritime, and aviation industries.
Product overview
Elyse Energy is an independent French industrial SME pioneering the production of low-carbon molecules. The company operates as a developer-operator, designing, developing, financing, building, and operating production units for three main product lines: e-methanol (low-carbon methanol for the chemical industry and maritime transport), sustainable aviation fuels (including e-biokerosene and advanced biofuels), and low-carbon hydrogen (produced via water electrolysis). The product portfolio includes multiple production projects across France and the Iberian Peninsula, including eM-Rhône, E-CHO cluster (with BioTJet), NeoCarb, Green Coast, and eM-Numancia. The company integrates mature technologies including water electrolysis, CO2 capture, methanolation, and Fischer-Tropsch synthesis to produce synthetic molecules that replace fossil and imported equivalents.
Differentiator
Problem solved
Functional benefit
Products and services
- E-methanol Low-carbon methanol produced from green hydrogen (via water electrolysis) and recycled carbon dioxide from industrial processes. Serves as a sustainable drop-in alternative to fossil methanol for the chemical industry and maritime transport, requiring no engine or plant modifications.
- Sustainable Aviation Fuels (SAF) Sustainable aviation fuels including e-biokerosene and bio-based alternatives that reduce greenhouse gas emissions by at least 70% over their lifecycle compared with conventional kerosene. Includes both synthetic fuels from low-carbon hydrogen and recycled carbon, as well as advanced biofuels from lignocellulosic biomass.
- Low-carbon Hydrogen Low-carbon hydrogen produced by water electrolysis powered by renewable or nuclear electricity. Used as a key feedstock for e-methanol and sustainable aviation fuel production, and supplied to industrial off-takers.
- Naphtha (green chemistry co-product) Green naphtha produced as a co-product of Fischer-Tropsch synthesis at BioTJet (35,000 tpa) and E-CHO (28,000 tpa), intended for road transport and green chemistry applications.
Quantifiable outcome
- eM-Rhône: 207,000 tonnes CO2 equivalent avoided per year; 150,000 tonnes per year of renewable methanol produced; €700 million investment
- +6 more outcomes
Companies that use Elyse Energy
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles3 records
Elyse Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Elyse Energy partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered major, minor and core.
- thyssenkrupp UhdemajorSelected as technology partner for Elyse Energy's Biomass-to-SAF project (BioTJet) in France. thyssenkrupp Uhde brings expertise in industrial chemical engineering and process technology for large-scale sustainable fuel production.
- ATOBA EnergyminorPartnership announced March 2025 to accelerate the deployment of sustainable aviation fuels (SAF), combining ATOBA Energy's capabilities with Elyse Energy's e-fuel production expertise.
- LhyfecoreExclusive agreement with Lhyfe to study feasibility of producing e-methanol from Lhyfe's green hydrogen (up to 85 tpd / 210 MW electrolysis capacity) at Montoir-de-Bretagne in Nantes Saint-Nazaire port. Project called Green Coast targets 150,000 tpa e-methanol. Part of Loire Estuaire Décarbonation initiative supported by France 2030 ZIBaC.
- KHIMODmajorAVEBIO collaborative project partnership with KHIMOD to demonstrate production of sustainable e-fuels for air transport from unrecovered biogenic CO2. KHIMOD provides heat exchanger-reactors for reverse Water Gas Shift (rWGS) and Fischer-Tropsch reactors. Pilot planned at RYAM site in Tartas, France. Supported by ADEME France 2030 CARB AERO call for projects.
- Equans France (ERAS entity)majorEquans France, through its ERAS affiliate, assists Elyse Energy in project management for two sustainable fuel plants (e-biokerosene and e-methanol) in France by 2026. ERAS supports program structuring, preliminary design studies, project coordination, and works with NALDEO Technologies for specific engineering activities.
- Teréga SolutionsmajorMOU signed February 2023 to develop hydrogen, CO2, and O2 infrastructure at Lacq basin. Includes feasibility study for green hydrogen production unit using water electrolysis at Mourenx site, hydrogen pipeline to Induslacq, and gas transport infrastructure. Part of developing an energy hub in Nouvelle-Aquitaine region.
- Lafarge FrancecoreMOU signed July 2022 for CO2 capture from Lafarge cement plants (Le Teil and others) to be used in Elyse Energy's e-methanol production. Lafarge may supply up to 200,000 tonnes of CO2 annually. Also includes recovery of oxygen co-produced and heat synergies, and use of e-methanol in green chemistry. Supports Lafarge's 2050 carbon neutrality targets.
- Avril, Axens, Bionext, IFP Investissements (IFPI)coreFive shareholders in BioTJet project company: Elyse Energy (majority >2/3), Avril, Axens, Bionext, and IFP Investissements (investment subsidiary of IFP Energies nouvelles). Each partner brings unique technology and industrial expertise. BioTJet leverages the BioTfueL® process and targets 75,000 tpa e-biokerosene and 35,000 tpa naphtha at Lacq.
- Nantes Saint-Nazaire PortmajorIndustrial port ecosystem host for the Green Coast e-methanol project at Montoir-de-Bretagne. Port is committed to decarbonization and selected Lhyfe for green hydrogen production. Loire Estuaire Décarbonation ZIBaC programme led by ADELE coordinates multiple decarbonization projects in the estuary.
- OSIRIS Economic Interest Group (GIE)majorGIE managing the Roches-Roussillon chemical platform in Isère, hosting the eM-Rhône project. OSIRIS brings together leading industrial and chemical companies, providing industrial synergies, risk management expertise, intermodal connectivity, and platform infrastructure for e-methanol production.
- Réseau de Transport d'Electricité (RTE)majorElectricity Transmission Network partner for connecting Elyse's electrolysis facilities to the grid. Joint applicant with Elyse Energy for public participation processes (CNDP) for eM-Rhône and E-CHO projects. RTE manages grid connection at Gampaloup substation for eM-Rhône.
- Corsica LineaminorMaritime operator partnership to decarbonize the Corsica-Continent corridor using e-methanol as a sustainable marine fuel. Corsica Linea and Elyse Energy announced collaboration in December 2025 to accelerate maritime decarbonation.
- GIP CHEMPARCmajorPublic Interest Group managing the Lacq industrial area. Instrumental in attracting Elyse Energy's BioTJet and eM-Lacq projects to the basin, acting as interface with local, regional, national, and European stakeholders. Supports reindustrialization of Lacq through green chemistry and energy transition projects.
- GravitHy, MarcegagliaminorMOU signed February 2026 between GravitHy, Elyse Energy, and Marcegaglia to develop industrial synergies on the central quay of Fos-sur-Mer, part of the NeoCarb project for integrated e-fuel production.
Scale indicators20 records
Recent moves6 records
Expansion highlights7 records
Elyse Energy competitors and assessment
Company assessmentDirect peers
- HIF Global: HIF Global is a direct peer developing e-fuels (e-methanol, e-gasoline, SAF) from green hydrogen and captured CO₂ using Fischer-Tropsch and methanol synthesis. Both companies pursue the developer-operator model with multi-hundred-million-dollar projects, long-term offtakes, and reliance on policy-driven demand.
- Liquid Wind: Liquid Wind is a direct peer developing commercial-scale e-methanol facilities in Northern Europe to decarbonize maritime shipping. Same product (e-methanol), same customer segment (shipping operators), and same project-developer business model as Elyse's Green Coast and eM-Numancia projects.
- Infinium: Infinium (formerly Greyrock Energy) is a direct peer producing e-fuels including e-methanol, e-kerosene, and e-diesel from green hydrogen and CO₂ via reverse Water Gas Shift and Fischer-Tropsch. Overlaps with Elyse's project portfolio on e-methanol and SAF value chains for hard-to-abate sectors.
- Norsk e-Fuel: Norsk e-Fuel is a direct peer planning one of Europe's first commercial e-methanol and e-kerosene plants in Norway using electrolytic hydrogen and CO₂. Same core technology stack (electrolysis + CO₂ capture + synthesis), same aviation/marine end markets, and similar policy-driven European offtake strategy.
- Carbon Recycling International (CRI): CRI operates the George Olah renewable methanol plant in Iceland, the longest-running commercial e-methanol facility in the world. It is the closest historical analogue to Elyse's e-methanol business, using CO₂ and renewable electricity to produce methanol for chemical and shipping customers.
Broad incumbents
- Sunfire: Sunfire is a German electrolyser and e-fuel technology company operating high-temperature electrolysis and producing e-fuels including e-kerosene. While more technology- and equipment-focused than Elyse, it overlaps as a developer of e-methanol and e-kerosene at commercial scale in Europe.
- TotalEnergies (BioTfueL consortium): TotalEnergies is a founding member of the BioTfueL consortium that developed the process used in Elyse's BioTJet project. As one of Europe's largest integrated energy majors with parallel SAF investments, it is the most significant broad incumbent peer with overlapping technology and aviation-fuel ambitions.
Others
- Lhyfe: Lhyfe is a green hydrogen producer and Elyse's strategic partner in the Green Coast project, supplying renewable hydrogen for e-methanol production. While primarily a hydrogen supplier rather than a direct e-fuel competitor, it is a key ecosystem peer for any assessment of Elyse's hydrogen supply economics.
Emerging players
- Hy2Gen: Hy2Gen is a European project developer of green hydrogen and e-fuel derivatives including e-methanol and SAF. Comparable in stage and European focus to Elyse, with a similar project-developer model and offtake-led commercial approach, though at an earlier portfolio scale.
- AtmosClear: AtmosClear is developing biomass-to-SAF projects in North America and Europe using gasification and Fischer-Tropsch pathways. Highly comparable to Elyse's BioTJet project in feedstock (lignocellulosic biomass), technology (BioTfueL/Fischer-Tropsch), and end product (e-biokerosene).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Elyse Energy social profiles
Digital presenceElyse Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elyse Energy leadership team
Management profileNumber of profiles
Profiles6 records
Elyse Energy subsidiaries and ownership
Company hierarchySubsidiaries1 record
Elyse Energy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elyse Energy M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elyse Energy
What does Elyse Energy do?
Elyse Energy designs, develops, finances, builds, and operates production units for low-carbon molecules — primarily e-methanol, sustainable aviation fuels (SAF including e-biokerosene), and low-carbon hydrogen. The company integrates mature industrial technologies (water electrolysis, CO2 capture, methanolization, Fischer-Tropsch synthesis) to convert renewable or nuclear electricity and recycled CO2 into drop-in synthetic molecules that replace fossil and imported equivalents for the chemical, maritime, and aviation industries.
Is Elyse Energy a public or private company?
Elyse Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Elyse Energy founded?
Elyse Energy was founded in 2020. It employs 51 to 100 people.
Where is Elyse Energy based?
Elyse Energy is headquartered in Lyon, France, in the Europe region.
How does Elyse Energy make money?
One revenue line is on record: sale of Low-Carbon Molecules (e-methanol, SAF, naphtha).
Who are Elyse Energy's main competitors?
Direct peers on record are HIF Global, Liquid Wind, Infinium, Norsk e-Fuel and Carbon Recycling International (CRI). Broad incumbents are Sunfire and TotalEnergies (BioTfueL consortium). Lhyfe is listed as an others. Emerging players are Hy2Gen and AtmosClear.
Does Elyse Energy have an API?
No public API is recorded for Elyse Energy.
What industry is Elyse Energy in?
Elyse Energy's product category is Low-Carbon Fuel and Chemical Manufacturing. Its primary akta.pro industry code is EUABAIAB, Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols), with a secondary code of EUABAIAA, E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane). Its NAICS code is 325 and its SIC code is 2860.