Norway-headed pure-play carbon capture company Aker Carbon Capture AS has announced that it has been awarded a pre-Front End Engineering Design (pre-FEED) for a Just Catch carbon capture application by an undisclosed Swedish energy company.
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The award follows an earlier pre-FEED study contract for another Swedish energy company, Söderenergi, announced in June, further strengthening Aker Carbon Capture’s position in the growing Swedish market.
We are pleased to see positive market development in Sweden. We have seen a significant boost in interest across the Scandinavian market after we won a contract in May to deliver five Just Catch units for Ørsted in Denmark. The level of activity has been high and growing at our Swedish office in Stockholm this year, said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.
Sweden aims to become carbon neutral by 2045 at the latest. After 2045, Sweden is to achieve negative net carbon dioxide (CO2) emissions.
As part of these ambitions, Sweden is positioning itself to become a global leader in generating high-quality and durable carbon dioxide removal (CDR) credits from bioenergy with carbon capture and storage (BECCS). The country has a large bio-energy sector.
Many Swedish emitters are now looking into BECCS and the potential to produce CDRs. The Ørsted contract was enabled by a partnership between Ørsted, Microsoft, and Aker Carbon Capture where the creation and offtake of CDRs was a key enabler for the business case. We aim to replicate similar CDR models also in Sweden, Jon Christopher Knudsen said.
At Twence’s waste-to-energy facility in the Netherlands, Aker Carbon Capture is currently also delivering a Just Catch unit.
These flagship projects contribute to Aker Carbon Capture’s mission to standardize and modularize carbon capture plants, with reduced footprint and significant cost and energy benefits, to the mid-scale emitter market.
The fact that we are already delivering seven carbon capture units today, including unique compact and modular products, as well as safe and reliable project delivery, is a key differentiator. We believe the experience we gain from these ongoing projects will be highly important for our growing Swedish customer base ended Jon Christopher Knudsen.
