Sweden’s government has invested 36 billion so that companies and industries that burn branches, leaves and other biomass should start capturing carbon dioxide from their chimneys. It involves turning the carbon dioxide into liquid form, loading it onto ships and storing the carbon dioxide either in the bedrock, the seabed or old depleted oil fields. The carbon dioxide is mineralized there. Although the technology to capture carbon dioxide from industries has existed for several decades, the big bottleneck has been where to store all the carbon dioxide.
The host agency has found a storage location
At Värtaverket in Stockholm, they want to capture 90 percent of what their bio-plant emits each year, 800,000 tons of carbon dioxide. When SVT visits their test facility, they say that they have now found a storage location, and that an agreement will be signed in the next few months. Cargo ships will transport 800,000 tons of carbon dioxide per year starting in 2028, according to the company.
– We are quite sure that we have a solution where we can store our carbon dioxide. It’s storage under the bedrock in the area around the North Sea, says Per Ytterberg, project manager for the bio-CCS facility at Värtaverket in Stockholm.
The project has previously been plagued with delays. Actually, everything should be up and running in 2025. According to the Norwegian Housing Authority, they have been waiting for government support to be able to afford the investment in the facility, transport and storage. It is something you expect to receive at the turn of the year.
– We will contract a storage location within the next few months, assures Per Ytterberg.
The government is giving out support of a total of 36 billion over the next 20 years for bio-CCS, starting at the turn of the year.