(IN BRIEF) The European Investment Bank has granted a €260 million loan to Stockholm Exergi to construct Sweden’s first large-scale BECCS facility at Värtaverket, expected to be operational by 2028. The project, Beccs Stockholm, will capture up to 800,000 tonnes … Read the full press release →
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged 000 tonnes CO₂, 800, Anders Egelrud, BECCS, Beccs Stockholm, carbon capture and storage, CCS, climate goals, EIB, Equinor, European Investment Bank, Microsoft, negative emissions, net zero, Nordic industry, Northern Lights project, partnership, Shell, Stockholm Exergi, Stockholm road traffic emissions, Thomas Östros, TotalEnergies, urban air quality, Värtaverket