Innovating groundbreaking energy efficiency for combined heat and power (CHP) and carbon removal.
Industry
BECCS
Location
Sweden
The Stockholm Exergi BECCS project involves adding carbon capture and storage (CCS) to an existing bioenergy facility that will yield 800,000 tonnes of permanent carbon dioxide removal per year. Stockholm Exergi plans to begin the construction of the CCS components in 2025, and begin delivering carbon dioxide removal credits to Microsoft in 2028.
"The agreement with Microsoft is a huge step forward for our BECCS project, Stockholm Exergi as a company, and the climate. It was made possible by collaboration with Carbon Direct and its deep technical diligence, bringing us one step closer to a final investment decision in Q4 2024."
Anders Egelrud
CEO, Stockholm Exergi