Stockholm Exergi to build one of the world’s largest BECCS facilities

Stockholm Exergi plans to build one of the world’s largest facilities for capture and permanent storage of biogenic carbon dioxide.
The investment decision, which amounts to SEK 13 billion (€1.2 billion) marks a major milestone in enabling permanent removals and will help Sweden and the EU reach their long-term climate goals, said the company.
The investment amounts to SEK 13 billion.
Construction will begin immediately, with the goal of having the facility operational in 2028.
The investment decision is made possible through a combination of public support and private purchases of negative emission certificates from companies with ambitious climate targets.
The facility will be built in the energy port nearby Värtaverket in Stockholm.
Once completed, it will capture and permanently store 800,000 tonnes of CO₂ annually—more than the emissions from Stockholm’s road traffic over the same period.
The technology for capturing CO₂ has been in use since the 1970s, and Stockholm Exergi has operated a test facility since 2019.
The storage method is also well-proven and closely monitored to ensure the CO₂ is permanently stored in bedrock beneath the seabed where it mineralises over time.
"This is a historic moment for Stockholm Exergi and for the green transition. We have worked purposefully for many years to make bio-CCS a reality, and today’s decision means that we are moving from plans to action. With this, we assume global leadership in the industry for permanent removals," said Anders Egelrud, CEO of Stockholm Exergi.