(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
(IN BRIEF) Skanska has signed a SEK 990 million contract with Stockholm Exergi to undertake Phase 2 of the Beccs Stockholm facility project, which includes building the foundations and constructing a quay. The facility, situated in Energihamnen in Värtan near … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged 2028 completion, Beccs Stockholm, Bio-CCS, carbon capture, climate-positive, CO₂ storage, Energihamnen, EU Innovation Fund, foundations, negative emissions certificates, partnership, quay construction, SEK 990 million, Skanska, state aid, Stockholm Exergi, sustainability, sustainable energy, Värtan, Värtaverket
(IN BRIEF) TotalEnergies, Equinor, and Shell have confirmed phase two of the Northern Lights project, which will increase its CO₂ transport and storage capacity from 1.5 million to over 5 million tons per year by 2028. The project, which is … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment, Norway
Tagged Brevik, carbon capture, CCS, climate targets, CO₂ storage, Equinor, Europe, final investment decision, Heidelberg Materials, industrial emissions, Nicolas Terraz, NOK 7.5 billion, northern lights, phase two, Shell, Stockholm Exergi, Tim Heijn, TotalEnergies, underground storage, Øygarden
(IN BRIEF) Stockholm Exergi Holding AB, a major energy provider in Stockholm, plans to implement a Bio-energy with Carbon Capture and Storage (BECCS) project at its Värtaverket energy plant. This initiative aims to capture and store 800,000 tonnes of biogenic … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) and Stockholm Exergi Holding AB (Publ) have signed a 10-year SEK 1,300 million loan agreement to support critical energy infrastructure projects in Stockholm. This partnership aims to upgrade the district heating network, modernize … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Anders Egelrud, André Küüsvek, Green Energy, investment, KVV1, NIB, partnership, Stockholm Exergi, sustainability
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