Gasum invests €62mn in biogas plant in Sweden
Gasum, a Nordic energy company, on February 2 announced an investment in a new biogas plant in Borlange, Sweden, as part of its broader strategy to build five large-scale biogas facilities in the country.
The Borlange project, worth over €62mn ($66.8mn), has received a subsidy of €15mn from the Swedish Environmental Protection Agency’s Klimatklivet investment programme. Construction will commence in spring 2024, with completion expected in 2026. The plant will utilise a feedstock mixture of regionally sourced organic household waste and manure to produce 133 gigawatt hours (GWh)/year of liquefied biogas (LBG).
The company aims to boost the availability of biogas in the Nordic region, aligning with its strategic goal of enhancing sustainability and reducing carbon emissions.
Biogas is derived from organic waste and, in its liquefied form, is versatile for use in shipping, road transport (including heavy-duty vehicles), and industrial applications. It boasts a reduction of up to 90% in lifecycle emissions compared to traditional fuels, according to Gasum.
Gasum's Borlange plant will process a total of 270,000 tonnes/year of feedstock, with household waste collected and processed by local partner Borlange Energi, and manure sourced from nearby farmers. In addition to LBG, the Borlange plant will yield 250,000 tonnes/year of environmentally friendly fertilizers.
The Borlange initiative marks the second of five large-scale biogas plants planned by Gasum in Sweden, following the commencement of construction at the Gotene plant in February 2023.
Gasum said its strategic focus on Nordic biogas availability aligns with its goal to bring seven terawatt hours (7 TWh) of renewable gas to the market by 2027. The remaining three plants are scheduled for construction in Kalmar, Sjobo, and Horby, with additional plans for a biogas plant near Trondheim in Norway.