Swedish climate-tech company Nordbex AB has announced that it has signed a Letter of Intent (LoI) with compatriot municipal energy company Kalmar Energi AB to jointly investigate how residual heat from Nordbex's planned biopower plant with carbon capture can strengthen Kalmar Energi's existing district heating system.
According to a statement, the LoI marks a joint ambition to analyze technical, economic, and climate-related conditions for how residual bioheat can function as a complement to Kalmar Energi’s existing and future district heating production.
The collaboration aims to strengthen the regional energy system and deliver tangible benefits to residents and businesses.
Kalmar Energi has publicly stated that waste heat can contribute to more stable costs, reduced investment needs, and increased robustness in the energy system.
For Nordbex, the collaboration is a concrete example of the company’s model: to develop and finance facilities for renewable electricity production with carbon dioxide (CO2) capture that interact with local and regional energy systems.
Our core business is renewable electricity production with carbon dioxide capture. When waste heat generated in the process can be utilized and contribute to existing energy systems, it demonstrates how climate solutions can also create system benefits and strengthen regional energy supply, said Niklas Lindvall, CEO of Nordbex Nybro.
The LoI is an important step in Nordbex’s work to show how climate benefits, resource efficiency, and energy systems can be integrated in practice.
Renewable electricity production in combination with carbon dioxide capture and residual bioheat recovery contributes to reducing emissions and is aligned with both Sweden’s national and regional climate goals.
In a general scenario now being investigated, it is estimated that the residual bioheat corresponds to the heating needs of approximately 13,000 average households in the region, illustrating the potential of otherwise unused energy.
Our ambition is to build scalable industrial solutions where carbon dioxide capture is combined with local energy benefits. The collaboration with Kalmar Energi shows how that model can work in reality and is an important step in our long-term growth, said Thomas Öström, Founder and CEO of Nordbex.
