Nordbex partners with Aker Carbon Capture to make the first Nordic project reality

Nordbex AB, a Swedish developer of modular carbon-negative power plants, has commissioned Aker Carbon Capture to conduct a feasibility study for integrating two Just Catch 100 carbon capture units into our electric power generation project in southern Sweden. The new power plant will utilize waste residues from local forestry management, timber, and pulp and paper industries as feedstocks.

The biogenic feedstock will be processed through gasification to produce a clean, hydrogen-rich synthesis gas, which will be combusted in gas engines to generate 20-25 MW of electricity for the grid in southern Sweden. Aker Carbon Capture will supply two modular Just Catch 100 carbon capture units, capable of capturing up to 200,000 tonnes of CO2 per year from the flue gases of both the gasification process and the gas engines. The captured CO2 will be liquefied and transported by train for storage. Since the CO2 is biogenic, sequestering it in permanent geological storage will result in negative CO2 emissions.

“We are thrilled to partner with Aker Carbon Capture to leverage their carbon capture technology on our journey to provide clean baseload energy to local communities in Sweden while removing CO2 from the atmosphere,” said Carl Berglund, Chief Commercial Officer at Nordbex. “Bioenergy with carbon capture and storage (BECCS) is pivotal to Sweden's goal of achieving Net-Zero greenhouse gas emissions by 2045. Our collaboration with Aker Carbon Capture further solidifies their position in the expanding Swedish market, where they secured multiple study contracts in 2023.”

Sweden aims to achieve carbon neutrality by 2045 and reach negative net CO2 emissions in subsequent years. As part of these ambitions, Sweden, with its robust bioenergy sector, is positioning itself to become a global leader in generating high-quality and durable carbon dioxide removal (CDR) credits through bioenergy with carbon capture and storage. Recently, the European Commission proposed a 90% net reduction in GHG emissions by 2040 compared to 1990 levels. To meet this goal, EU GHG emissions should drop to less than 850 million tonnes of CO2 equivalents by 2040, with carbon removals reaching up to 400 million tonnes of CO2, a significant portion of which will need to be BECCS.

“We are very pleased to collaborate with Aker Carbon Capture on the engineering study for our first Nordic project. With our experience in developing power plants with carbon capture and utilization (CCU) in the UK, we’ve been selective in choosing partners for this project. We aim to work with the best partners who share our commitment to making a significant impact on the path to Net-Zero,” said Carl Berglund, CCO at Nordbex.

The electricity grid in southern Sweden requires clean, reliable, and affordable baseload power to meet growing demand. Nordbex is developing solutions that utilize sustainable natural resources from the local area, combined with innovative configurations of proven technologies, to provide 20-25 MW of carbon-negative power generation capacity to the grid.

“By delivering a distributed and scalable BECCS solution, we will support the need for carbon removal while providing additional power. We believe that partnering with like-minded companies will accelerate our progress, which is why we have selected Aker Carbon Capture for this project,” said Håkan Karlsson, Chief Technical Officer at Nordbex.

Aker Carbon Capture is currently delivering seven carbon capture plants. At the Twence waste-to-energy facility in the Netherlands, Aker Carbon Capture is delivering a Just Catch unit with a capacity of 100,000 tonnes of CO2 per year. For Heidelberg Materials’ cement plant in Brevik, Norway, they are delivering a carbon capture plant with a capacity of 400,000 tonnes per year, and for Ørsted in Denmark, they are providing five Just Catch 100 units. The Ørsted contract was made possible through a partnership between Ørsted, Microsoft, and Aker Carbon Capture, where the creation and offtake of CDRs played a crucial role. These flagship projects contribute to Aker Carbon Capture's mission to standardize and modularize carbon capture plants, with reduced footprints and significant cost and energy benefits.

Aker Carbon Capture is a pure-play carbon capture company offering solutions, services, and technologies across various industries with carbon emissions, including cement, bio, and waste-to-energy, gas-to-power, and blue hydrogen. Aker Carbon Capture’s proprietary technology provides a unique, environmentally friendly solution for removing CO2 emissions.

Media contact:Marianne Stigset, mob: +47 41 18 84 82, email: marianne.stigset@akerhorizons.com

Investor contacts:David Phillips, mob: +44 7710 568279, email: david.phillips@akercarboncapture.com