CO2 Capsol to take up bioenergy CCS FEED study in Sweden

Norway-listed CO2 Capsol will participate in a front-end engineering design (FEED) study in cooperation with a Scandinavian engineering company for bioenergy with carbon capture and storage (BECCS) project in Sweden, it said on March 30.

“This proves our position in bioenergy with carbon capture and storage – BECCS – which involves CO₂ captured from biogenic sources such a plants, trees and soil, and permanently stored,” said Jan Kielland, CEO of CO2 Capsol. “When CO₂ from the incineration of biogenic sources is captured and stored, instead of releasing the biogenic CO₂ to the atmosphere, negative emissions are created by removing CO₂ from the atmosphere.”

CO2 Capsol said it is emerging as an attractive technology provider for CO₂ capture from BECCS plants.

In July 2022, CO2 Capsol was awarded a license agreement for using CapsolEoP at Stockholm Exergi's biomass-powered combined heat and power plant in Stockholm, Sweden. During Q1 2023, a 12-month CapsolGo demonstration campaign for a major German energy company will start operating, with a 6-month campaign at biomass-fired combined heat and power plant, it said.

The company has also delivered a feasibility study for a plant in the BECCS value chain in the US.