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 Oct 22, 2020

3529_rns_2020-10-22_fa40893d-25f6-4bef-9337-e487137311a6.html

Environmental & Social Information

Open in Viewer

Opens in native device viewer

Aker Carbon Capture and Vattenfall aim to achieve negative emissions in bio CCS-projects

Aker Carbon Capture and Vattenfall aim to achieve negative emissions in bio CCS-projects

Aker Carbon Capture has signed a Memorandum of Understanding with Sweden’s Vattenfall to accelerate the evaluation of future carbon capture plants in Sweden and Northern Europe.

The agreement will support Vattenfall´s ambitions to achieve negative emissions in waste and bio CCS plants and make it possible to live fossil free within one generation, according to Vattenfall.

“Applying our HSE-friendly carbon capture technology at waste and bio energy plants across Europe can enable companies like Vattenfall to achieve negative emissions and thus make a significant contribution towards battling climate change,” says Valborg Lundegaard, chief executive officer of Aker Carbon Capture.

“We look forward to cooperating with Aker Carbon Capture and together develop solutions for large-scale commercial bio-CCS plants in Sweden and Northern Europe. With Vattenfall´s extensive track record within sustainability for the energy sector and Aker Carbon Capture´s technology and experience in CO2 solutions, we believe we have an excellent opportunity to make the next steps on our climate agenda”, says Ulrika Jardfelt, head of Vattenfall’s Business Unit Heat Sweden.

CCS experience

Vattenfall has previously tested CCS technologies in Europe between 2008 and 2014. However, CCS has taken many steps forward since then, leading to several projects moving forward both on the capture and on the storage side.

The Norwegian full-scale demonstration project, Longship (Langskip) with its Northern Lights offshore storage facility, is one example. In addition, Denmark is planning a “Greensand” storage project, utilizing existing oil platform infrastructure.

“As we prepare to deliver the capture plant for Longship, the Norwegian Full Scale demonstration project, we see a sharp increase in companies across sectors that want to explore and realize carbon capture plants in the future,” says Lundegaard.

The Memorandum of Understanding (MoU) is non-exclusive and covers services related to advancing Vattenfall´s ambitions related to CCS and has a two-year timeline.

About Aker Carbon Capture

Aker Carbon Capture is a dedicated carbon capture technology company with solutions, services and technologies serving a range of industries with carbon emissions, including cement, waste-to-energy, oil and gas, and steel. Aker Carbon Capture’s proprietary carbon capture technology offers an effective and environmentally friendly solution to remove CO2 emissions.

About Vattenfall

Vattenfall is a European energy company with approximately 20,000 employees. For more than 100 years we have electrified industries, supplied energy to people's homes and modernised our way of living through innovation and cooperation. We now want to make fossil-free living possible within one generation.

For further information:

Ivar Simensen, +47 46 40 23 17, [email protected]

Talk to a Data Expert

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