Norway-headed technology provider Aker Carbon Capture AS has announced that it has signed a Memorandum of Understanding (MoU) with Swedish state-owned energy utility major Vattenfall AB to accelerate the evaluation of future carbon capture at Vattenfalll's waste- and biomass-fired heat and power plants in Sweden and Northern Europe.
According to a statement, the MoU is non-exclusive and covers services related to advancing Vattenfall´s ambitions related to carbon capture and storage (CCS), and has a two-year timeline.
Applying our HSE-friendly carbon capture technology at waste and bioenergy plants across Europe can enable companies like Vattenfall to achieve negative emissions and thus make a significant contribution towards battling climate change, said Valborg Lundegaard, CEO of Aker Carbon Capture.
The agreement will support Vattenfall´s ambitions to achieve negative emissions in waste- and biomass-fired heat and power plants and make it possible to live “fossil-free within one generation”.
We look forward to cooperating with Aker Carbon Capture and together develop solutions for large-scale commercial bio-CCS plants in Sweden and Northern Europe. With Vattenfall´s extensive track record within sustainability for the energy sector and Aker Carbon Capture´s technology and experience in CO2 solutions, we believe we have an excellent opportunity to take the next steps on our climate agenda, said Ulrika Jardfelt, Head of Vattenfall’s Business Unit Heat Sweden.
Vattenfall has previously tested CCS technologies in Europe between 2008 and 2014. However, CCS has taken many steps forward since then, leading to several projects moving forward both on the capture and on the storage side.
In addition, Denmark is planning a “Greensand” storage project, utilizing existing oil platform infrastructure.
As we prepare to deliver the capture plant for Longship, the Norwegian full-scale demonstration project, we see a sharp increase in companies across sectors that want to explore and realize carbon capture plants in the future, said Valborg Lundegaard.