(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
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