Bio-Energy Carbon Capture and Storage (BECCS) at the existing Combined Heat and Power-plant KVV8 at Värtaverket, Stockholm, Sweden

The Beccs Stockholm project aims to establish a full-scale BECCS facility to capture and store CO2, achieving 7.0 Mt CO2e removals while enhancing renewable energy efficiency.

Subsidie
€ 180.000.000
2021

Projectdetails

Introduction

The Beccs Stockholm project will create a world-class, full-scale Bio-Energy Carbon Capture and Storage (BECCS) facility at its existing heat and power biomass plant in Stockholm.

Project Overview

The project will combine CO2 capture with heat recovery, making the process much more energy-efficient than the process in a usual CCS plant. It will capture and permanently store large quantities of CO2 from biological sources, leading to carbon removals from the atmosphere, also called negative emissions.

Carbon Removal Potential

The Beccs Stockholm project has the potential to remove around 7.0 Mt CO2e over the first ten years of operation. Net carbon removals are seen as an increasingly important technology-based solution to climate mitigation, indispensable to reach climate neutrality in 2050.

Market Impact

The project will also be a catalyst for paving the way for a new market of net carbon removals.

Additional Benefits

Besides the actual negative emissions achieved, the project will also have a positive impact on the balance for renewable heat and electricity, resulting in an additional approximately 0.8 Mt CO2e over the same period.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 180.000.000
Totale projectbegroting€ 180.000.000

Tijdlijn

Startdatum1-7-2021
Einddatum30-9-2038
Subsidiejaar2021

Partners & Locaties

Projectpartners

  • STOCKHOLM EXERGI ABpenvoerder

Land(en)

Sweden

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