In Sweden, the world’s first large-scale BECCS (bioenergy with carbon capture and storage) project, deploying Capsol’s capture technology, is now moving into construction as Stockholm Exergi has made a final investment decision (FID). The facility is scheduled to begin operations in 2028, permanently removing 800,000 metric tons of CO2 annually while setting a precedent for […]
In Sweden, ESG Today reported that Swedish energy company Stockholm Exergi announced that it has been awarded support for bio-CCS, a technology that captures biogenic carbon dioxide before it reaches the atmosphere, through a reverse auction by the Swedish Energy Agency, with granted support of $1.8 billion, to be paid out over up to 15 […]
In Sweden, Stockholm Exergi has been awarded support in the Swedish Energy Agency’s reverse auction for bio-CCS. The granted support amounts to just over SEK 20 billion and will be paid continuously for a maximum of 15 years, from the start of geological storage. The support is an important part of the financing to enable […]
In Sweden, Stockholm Exergi has signed an agreement for permanent negative emissions worth just over $48.6M for delivery from 2028 to 2030. The purchase will be made by Frontier and includes buyers such as Stripe, Alphabet, Shopify, Meta, JP Morgan Chase CO, H&M and McKinsey Sustainability. Frontier’s goal is to build a portfolio of companies […]
In Sweden, Stockholm Exergi recently received permission to build one of Europe’s first large-scale facilities for capturing carbon dioxide through bio-CCS (Bio-energy with Carbon Capture and Storage) in Värtahamnen, Stockholm following approval for the environmental permits from the Land and Environmental Court. In March 2023, Stockholm Exergi submitted its application to the Land and Environmental […]
