AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Aker Carbon Capture

Environmental & Social Information Apr 19, 2023

3529_rns_2023-04-19_c4e7501d-7473-46c8-87b9-d0c9dfe37595.html

Environmental & Social Information

Open in Viewer

Opens in native device viewer

Aker Carbon Capture awarded test campaign and study for Fortum Waste Solutions in Denmark

Aker Carbon Capture awarded test campaign and study for Fortum Waste Solutions in Denmark

Aker Carbon Capture has been awarded a test campaign and feasibility study for

Fortum Waste Solutions' facility in Nyborg, Denmark. Fortum's waste incineration

plant is specialized in the safe destruction of hazardous waste and turning it

into energy. The planned capture capacity will be around 170,000 tonnes

CO2/year.

Aker Carbon Capture is currently delivering a first-of-a-kind modular carbon

capture facility at Twence's waste-to-energy plant in Hengelo, the Netherlands.

The company will bring learnings from this project to the Fortum decarbonization

study.

"We are proud to be working together with one of Europe's cleanest energy

producers", said Jon Christopher Knudsen, Chief Commercial Officer at Aker

Carbon Capture. "We look very much forward to help enable Fortum Waste Solutions

reaching their ambitious goal of carbon neutrality by 2030. Together, we see

carbon capture as a great opportunity to create green jobs in Denmark", he

continues.

Fortum Waste Solutions has extensive experience in handling hazardous waste. The

Danish company is part of the Fortum's Nordic Business Area Recycling & Waste,

which employs around 1,000 people, covering a network of over 30 offices. At the

facility in Nyborg, the hazardous waste is safely transformed into energy in the

form of district heating, which covers around 85% of Nyborg Municipality's

heating demand. A successful recovery of excess heat from the carbon capture

process can lead to more district heating, which can replace heat that is

produced with natural gas today.

"By selecting Aker Carbon Capture as an experienced partner for our feasibility

study and pilot project for capturing and storing CO2, we are in the best hands

to develop the optimal solution for Fortum. This is the starting point for

reaching the first milestone in our carbon capture and storage project, which

will make us CO2-neutral by 2030. In the long term this will develop the company

to not only detoxify and utilize hazardous waste from industry, but at the same

time recycle the derived CO2," says Jens Peter Rasmussen, Head of Waste

Management Service Denmark, Fortum Recycling & Waste.

An important part of the project will be the test campaign performed by Aker

Carbon Capture's Mobile Test Unit. The results from this test campaign can be

used towards a large-scale carbon capture plant.

"Different from other test rigs, our Mobile Test Unit is a complete replica of a

large Aker Carbon Capture plant and has more than 30,000 operating hours on

different flue gases around the world.  We can therefore offer our customers a

unique opportunity to test our technology at their site and de-risk the project

with results that are fully benchmarking towards a large implementation, prior

to a full-scale investment decision," said Tove Ormevik, Chief Operation and

Aftermarket Officer at Aker Carbon Capture.

Denmark aims to achieve a 70% reduction in greenhouse gas emissions compared

with 1990 levels by 2030, and climate neutrality by 2050. Carbon capture,

utilization, and storage (CCUS) represents a solution to significantly reduce

emissions from hard-to-abate sectors, such as cement, waste incineration,

bioenergy, and other process industries.

ENDS

Media contacts:

Aker Carbon Capture

Yannick Vanderveeren, mob: +47 458 36 358 (http://tel:+47 458 36 358),

email: [email protected]

Fortum Waste Solutions A/S

Jesper Hansen, mob: +45 3085 8133 (http://tel:+45 3085 8133), email:

[email protected]

Investor contacts:

David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:

[email protected]

Christian Yggeseth, mob: +47 915 10 000 (http://tel:+47 915 10 000), email:

[email protected]

About Aker Carbon Capture

Aker Carbon Capture is a pure-play carbon capture company with solutions,

services and technologies serving a range of industries with carbon emissions,

including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen

segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a

unique, environmentally friendly solution for removing CO\2\ emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect

with us on LinkedIn (https://www.linkedin.com/company/aker-carbon

-capture), Facebook (https://facebook.com/akercarboncapture),

Twitter (https://twitter.com/akercarbon),

Instagram (https://www.instagram.com/akercarboncapture/) and

YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press

release may include forward-looking information or statements and is subject to

our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).

About Fortum Waste Solutions A/S

Fortum Waste Solutions A/S in Nyborg, Denmark, is 'rethinking recycling' and is

leading the way towards revolution of materials. The company has problem solving

in the DNA and a mission to transform waste streams into new essential

materials. Fortum find solutions to their customers' environmental and waste

challenges to enable circularity of materials. In Denmark, Fortum offers total

waste management solutions for hazardous waste and employs approximately 170

employees.

Talk to a Data Expert

Have a question? We'll get back to you promptly.