Stockholm 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.
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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.
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