US EditionStockholm Exergi to Build One of the World's Largest Facilities for Removing Carbon Dioxide from the Atmosphere
- Stockholm Exergi has decided to construct Beccs Stockholm, one of the world's largest facilities for capturing and permanently storing biogenic carbon dioxide, at the energy port near Värtaverket in Stockholm, with Emilia Bjuggren as the Chair of Stockholms Stadshus.
- Fueled by a SEK 13 billion investment from public support and private purchases of negative emission certificates, the project aims to help Sweden and the EU achieve their long-term climate goals.
- Construction is set to begin immediately, with the facility expected to be operational by 2028, capturing and permanently storing 800,000 tonnes of CO2 annually, exceeding Stockholm's road traffic emissions during the same period.
- CEO of Stockholm Exergi, Anders Egelrud, stated that the company is assuming global leadership in the industry for permanent removals, while Carlo Maddalena, Senior Director at APG and Chair of Ankhiale, emphasized the crucial role of Bio-CCS in achieving net-zero emissions, noting APG's pride in supporting this initiative.
- This expansion, utilizing well-proven and closely monitored CO₂ storage methods in bedrock beneath the seabed, enables Northern Lights to expand its capacity and positions the Nordics and Europe as potential global leaders in negative emissions technologies, addressing unavoidable emissions and contributing to climate targets.
28 Articles
28 Articles
Scientists make revolutionary breakthrough with device that could help solve critical global issue: 'A key achievement'
Thanks to a simple, water-repelling substance, scientists may have just solved a major problem hindering the development of carbon capture technology.According to their study published in the journal Nature Energy, researchers from Rice University and the University of Houston have found a new method to tackle salt buildup — a significant issue in systems that convert carbon dioxide pulled out of the air into useful products such as chemicals an…
The Berkshire Eagle
Stockholm Exergi to Build One of the World's Largest Facilities for Removing Carbon Dioxide from the Atmosphere
STOCKHOLM, March 27, 2025 /PRNewswire/ -- Today, Stockholm Exergi announces its decision to build one of the world's largest facilities for capture and permanent storage of biogenic carbon dioxide.
Sweden: EIB finances ground-breaking carbon capture plant in Stockholm
(Credit: Unsplash) This article is published in association with European Investment Bank. Project to capture CO2 volumes corresponding to more than the emissions of all of Stockholm’s road traffic in one year This is EIB’s first carbon capture financing operation and part of climate strategy Investment contributes to Sweden’s goal of net zero emissions by 2045 The European Investment Bank (EIB) has granted a loan of €260 million to Stockholm E…
Green light for Sweden's largest BECCS project
The investment decision is a milestone to enable permanent negative emissions and will contribute to Sweden and the EU reaching its long-term climate goals. With the decision, Stockholm Exergi is starting the construction phase immediately with the goal of having the bioenergy with carbon capture and storage (BECCS) facility operational in 2028. This is a historic moment for Stockholm Exergi and for the climate transition. We have worked purpose…
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