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    <loc>https://nextfuel.com/benefits-for-society</loc>
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    <lastmod>2023-03-14</lastmod>
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      <image:title>Benefits for Society</image:title>
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  <url>
    <loc>https://nextfuel.com/team-gallery</loc>
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    <priority>0.75</priority>
    <lastmod>2025-03-26</lastmod>
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      <image:title>Co-founders - CEO STEFANO ROMANO</image:title>
      <image:caption>Stefano is the joint largest investor in NextFuel. He has been a serial entrepreneur for many years with a focus on building companies and getting them capitalized and commercialized. He has been active in several different industries. In December 2018 Stefano won his first «Clean Technology CEO of the Year» award for his work with commercializing NextFuel’s innovative technology.</image:caption>
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      <image:title>Co-founders - CEO STEFANO ROMANO</image:title>
      <image:caption>Stefano is the joint largest investor in NextFuel. He has been a serial entrepreneur for many years with a focus on building companies and getting them capitalized and commercialized. He has been active in several different industries. In December 2018 Stefano won his first «Clean Technology CEO of the Year» award for his work with commercializing NextFuel’s innovative technology.</image:caption>
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      <image:title>Co-founders - COO HENNING HVERVEN</image:title>
      <image:caption>Henning has extensive technical knowledge, leadership experience and logistics experience from the energy sector having held senior positions in ConocoPhillips (18 years) and Exxon (4 years). Henning also has a substantial business network in Norway and elsewhere, with an emphasis on the oil &amp; energy industry. He holds a Master of Science in Management from Massachusetts Institute of Technology (MIT).</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1495493980938-SZ33ABXIECOMU4EMMO9M/imageedit_10_3904020491.jpg</image:loc>
      <image:title>Co-founders - CTO WOLFGANG MOSER</image:title>
      <image:caption>Wolfgang is one of the co-inventors and was among the first to join the development path of the technology. He has served continuously as general manager of the NextFuel-owned subsidiary from the consortium since 2010. He previously spent seven years with Accenture, an international consulting company, before gathering experience in small and medium enterprises in the start-up scene. He is an Austrian diploma engineer and holds an MBA in Mergers &amp; Acquisitions.</image:caption>
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      <image:title>Co-founders - CMO AUDUN SOMMERLI TIME</image:title>
      <image:caption>Audun has 10 years of experience from the largest PR-agency in Scandinavia, Geelmuyden Kiese, running lobbying and marketing campaigns for Fortune 500 companies, governments and start-ups. He has won several campaign awards, and has a background in politics. He holds an MSc in Economics &amp; Business Administration from The Norwegian School of Economics and Business Administration (NHH).</image:caption>
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  <url>
    <loc>https://nextfuel.com/bioenergy-markets</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2025-12-17</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1526488112612-TM30XKKYMV0HDQ2037SJ/replace+natural+gas</image:loc>
      <image:title>Markets - REPLACE NATURAL GAS</image:title>
      <image:caption>Instead of relying on the natural gas combustion infrastructure, which releases large amounts of CO2 into the atmosphere without providing any mechanism for re-absorption, and also requires expensive upgrades, utilities can instead produce electricity from clean NextFuel™ briquettes.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1526648747277-X8ZK1BL80DA5TOUHG1QG/replace+coal</image:loc>
      <image:title>Markets - REPLACE COAL</image:title>
      <image:caption>NextFuel™ is a fast, inexpensive and clean coal substitute for large coal users like utilities, steel mills and cement plants. Today’s coal plants can directly co-fire with NextFuel™ briquettes without any expensive rebuilding of its infrastructure. They can even replace 100% of their coal consumption with our clean fuel. Rather than having to close down or switch to natural gas or wood pellets (which both requires expensive rebuilding) coal plants can switch directly to elephant grass based NextFuel™ briquettes and continue operation with the same workforce and infrastructure. For the first time, we have a possibility to replace the world’s entire coal use with an inexpensive clean alternative directly, while continuing to use the same infrastructure.</image:caption>
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      <image:title>Markets - REPLACE OIL</image:title>
      <image:caption>Several industries can also replace heating oil with NextFuel™ briquettes, by only switching burners. Since NextFuel™ is less expensive than heating oil in most places, companies can fast earn back their investment and drastically reduce their heating costs and pollution level. NextFuel™ briquettes can also be converted to Sustainable Aviation Fuel (SAF) by utilizing the Fischer-Tropsch process.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1526648542809-HYXNYH2YI19LXI3TMCCJ/wind+and+solar+backup+power</image:loc>
      <image:title>Markets - WIND AND SOLAR BACKUP POWER</image:title>
      <image:caption>The renewable energy sector, e.g. wind and solar, often relies on dirty fossil fuel as backup power when there is no wind, or the sun is not shining. Adding NextFuel™ production facilities as an integral part of their renewable energy production capacity, this sector have the potential to cleanly produce both heat and inexpensive clean electricity continually, with only insignificant differences in power output.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1526649881509-KA4G65TDF86HVXHJKVZK/bagasse+as+industrial+torrefied+fuel+briquette+pellets</image:loc>
      <image:title>Markets - TRANSFORM WASTE TO A VALUABLE PRODUCT</image:title>
      <image:caption>We can use bagasse, agricultural waste and other residues as raw material in our torrefaction reactor. This means that we can, for instance, work with the sugar industry to convert a surplus product from their sugar canes into a valuable fuel. Several industries can now make a profit from their unused resources.</image:caption>
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    <image:image>
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      <image:title>Markets - REPLACE WOOD PELLETS</image:title>
      <image:caption>Our fuel can replace wood pellets, thereby reducing deforestation. In contrast to wood pellets, our torrefied briquette is water resistant and can be treated similar to coal. NextFuel™ briquettes have a higher energy content per tonne than unprocessed biomass, and are therefore less expensive to transport. Additionally, NextFuel™ briquettes can be produced from elephant grass that grows much quicker than trees, captures much more CO2 per hectare per year, and are easier to harvest. All important factors that can help improve the biomass industries' carbon footprint and economics.</image:caption>
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      <image:title>Markets - REPLACE CHARCOAL</image:title>
      <image:caption>NextFuel™ can cost-effectively replace charcoal in several industries. Consumers in developing countries might also in the future use NextFuel™ briquettes as fuel in small portable cooking ovens. Both practices can contribute to save forests and lives.</image:caption>
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      <image:title>Markets</image:title>
      <image:caption>New samples of NextFuel getting ready to be shipped to a major global steel producer.</image:caption>
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    <image:image>
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      <image:title>Markets - Make it stand out</image:title>
      <image:caption>Europe's largest torrefaction plant, based on NextFuel's unique technology, is currently in commissioning and is expected to start operating during the coming months.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Markets</image:title>
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    <loc>https://nextfuel.com/home</loc>
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    <lastmod>2024-09-30</lastmod>
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  </url>
  <url>
    <loc>https://nextfuel.com/about-us</loc>
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    <priority>0.75</priority>
    <lastmod>2025-12-17</lastmod>
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      <image:title>About Us - Make it stand out</image:title>
      <image:caption>CMO Audun Sommerli Time (3rd left) receive second prize in Cleantech Scandinavia’s ranking of innovative cleantech startups in Northern Europe.</image:caption>
    </image:image>
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      <image:title>About Us - Make it stand out</image:title>
      <image:caption>Europe's largest torrefaction plant, based on NextFuel's unique technology, is currently in commissioning and is expected to start operating during the coming months.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1545299050222-BYSNU0XRTF84WFN917E3/NextFuel+biomass+torrefaction+COP24</image:loc>
      <image:title>About Us</image:title>
      <image:caption>Elisabeth Köstinger, Austrian minister for sustainability and tourism, and president of the European Environment Council, learns more about NextFuel at COP24.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1553240044447-KME97DOODLC4PYX4VHW6/nextfuel+green+awards</image:loc>
      <image:title>About Us</image:title>
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      <image:title>About Us</image:title>
      <image:caption>COO Henning Hverven presenting NextFuel at Green Awards May 2019.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1600167051932-CQ8BMBIXDJHFGJX5CEQG/logo-navn-farge+m%C3%B8rk+turkis-stor.png</image:loc>
      <image:title>About Us</image:title>
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      <image:title>About Us</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/fa9a31d1-4693-482f-a035-8670b7c720a8/E-Prize+2021.jpg</image:loc>
      <image:title>About Us - Make it stand out</image:title>
      <image:caption>CEO Stefano Romano (left) receive first prize in Dagens Industri's ranking of innovative renewable energy companies in Sweden.</image:caption>
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      <image:title>About Us</image:title>
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      <image:title>About Us</image:title>
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  </url>
  <url>
    <loc>https://nextfuel.com/torrefaction-technology</loc>
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    <priority>0.75</priority>
    <lastmod>2024-01-23</lastmod>
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      <image:title>Torrefaction technology</image:title>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1609682598319-GHJCTLM99YTLJ4PONJMP/Bagasse+shutterstock_1261156558+small.jpg</image:loc>
      <image:title>Torrefaction technology</image:title>
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      <image:title>Torrefaction technology</image:title>
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      <image:title>Torrefaction technology</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1606070545705-13J1AUR88I25J8UP8NO7/wood+waste</image:loc>
      <image:title>Torrefaction technology</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1526988554770-TFFJVSB9X0NR6V0PYYQ0/clean+electricity</image:loc>
      <image:title>Torrefaction technology</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1526642892736-YRGH8AEVXVWRNUVMSEQX/NextFuel+biomass+torrefaction+reactor</image:loc>
      <image:title>Torrefaction technology</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1526641957335-2I2LAD50AZWN5U4EQ5I4/reaktor4.jpg</image:loc>
      <image:title>Torrefaction technology</image:title>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1605994348202-ENLRD25LC7HPNIF0VDDQ/reaktor4.jpg</image:loc>
      <image:title>Torrefaction technology</image:title>
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  <url>
    <loc>https://nextfuel.com/coinventor</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2019-03-10</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1527690443323-C3AEW83GALVPQKJC9RLV/Michael.jpg</image:loc>
      <image:title>Co-Inventor - MICHAEL WILD</image:title>
      <image:caption>Michael has almost 30 years of experience in the bioenergy business, including from the European Commission of renewable projects, and has an expansive network of contacts within the industry. Michael is president of the International Biomass Torrefaction Council and was among the first to develop the international solid biomass trading for medium and large scale consumers. He is one of the co-inventors of the technology that NextFuel will now use to make a profitable fossil fuel substitute.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1527690443323-C3AEW83GALVPQKJC9RLV/Michael.jpg</image:loc>
      <image:title>Co-Inventor - MICHAEL WILD</image:title>
      <image:caption>Michael has almost 30 years of experience in the bioenergy business, including from the European Commission of renewable projects, and has an expansive network of contacts within the industry. Michael is president of the International Biomass Torrefaction Council and was among the first to develop the international solid biomass trading for medium and large scale consumers. He is one of the co-inventors of the technology that NextFuel will now use to make a profitable fossil fuel substitute.</image:caption>
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  <url>
    <loc>https://nextfuel.com/board</loc>
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    <lastmod>2020-11-21</lastmod>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1605988758449-NFAOSZEYPIJ64DJXJ1QQ/image-asset.jpeg</image:loc>
      <image:title>Board of directors</image:title>
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      <image:title>Board of directors</image:title>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1605994944929-Y8OK0PBM2QZEO1UGTN8U/nordgaard.jpg</image:loc>
      <image:title>Board of directors - PER NORDGAARD, CHAIRMAN OF THE BOARD</image:title>
      <image:caption>Statutory auditing, tax consulting, financial consulting, entrepreneur for 24 years. Worked for Swedish Tax Authorities, EFK AB, Hakan Björklund Revisionsbyrå (founder and partner), R3 Revisionsbyrå and Adenom AB.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1605994954726-8SAAM5S1K2YHG8CULJ93/Kleinwichs.jpg</image:loc>
      <image:title>Board of directors - WODEK KLEINWICHS, BOARD MEMBER</image:title>
      <image:caption>Decades of experience with law degree from 1977. Background from Stockholm district court. Partner/business lawyer in several companies, e.g. Glimstedt Advokatgruppen in Stockholm, and Krantz, Svensson &amp; Kleinwichs.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1605994965000-8QN8RZPCNX1AHEAYP3UX/osmundsen.jpg</image:loc>
      <image:title>Board of directors - TERJE OSMUNDSEN, BOARD MEMBER</image:title>
      <image:caption>Founder/CEO of Empower New Energy. 8 years as head of business development in Scatec Solar. Extensive track record in development and structuring of large scale solar PV emerging markets. Extensive board experience, a.o. Chairman at Cicero International Centre for Climate Research, Caritas Norway, REC Silicon and Quantafuel. Assistant director at Saga Petroleum, Alcatel and NHO. Director at Kværner. Also worked as a personal advisor to the Prime minister of Norway.</image:caption>
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  </url>
  <url>
    <loc>https://nextfuel.com/new-index</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2021-02-23</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/58fe2b59ebbd1a29e5fddd55/1605993691564-APSKHN1QAN9J10FKQEGI/factory+bags.jpg</image:loc>
      <image:title>Investors</image:title>
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  <url>
    <loc>https://nextfuel.com/contact-us</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2024-08-26</lastmod>
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  <url>
    <loc>https://nextfuel.com/video</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2018-05-16</lastmod>
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  <url>
    <loc>https://nextfuel.com/video-2</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2018-05-16</lastmod>
  </url>
  <url>
    <loc>https://nextfuel.com/404</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2020-09-13</lastmod>
    <image:image>
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      <image:title>404</image:title>
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