Öresundskraft secures SEK 228M grant for Filbornaverket CCS project
In Sweden, municipal energy utility Öresundskraft AB has announced that the Swedish Energy Agency, through the Industriklivet (Industry Step) initiative, has granted SEK 228 million (≈ EUR 20.6 million) to a CCS project at the Filbornaverket combined heat and power (CHP) plant in Helsingborg – a clear signal that the government views carbon capture as a key component in climate efforts the company says.
Öresundskraft’s work with carbon capture and storage (CCS) at its Filbornaverket CHP plant is a leading initiative to reduce carbon dioxide (CO2) emissions from the waste-to-energy sector.
The goal is to have a fully operational facility by 2028.
This is a major and urgent investment. We are contributing to the development of CCS as a technology for our entire industry. With the SEK 228 million now granted, along with approximately SEK 600 million from the EU Innovation Fund and an additional SEK 34 million from the Swedish Energy Agency, the project has the financial conditions required to become a reality, not only technically and commercially, but also financially. The support from Industriklivet provides an even more stable economic foundation for the project, said Stefan Håkansson, CEO of Öresundskraft.
To reach Sweden’s climate goals, we need multiple solutions, and carbon capture and storage is one important piece of the puzzle. With CCS, there is potential to store large amounts of both fossil and biogenic carbon dioxide each year. Risk-sharing through government support enables these solutions to be implemented more quickly, said Caroline Asserup, Interim Director General of the Swedish Energy Agency.
Öresundskraft’s CCS project is crucial for achieving Helsingborg’s climate goals. The fact that the state is sharing the costs shows that they see our project as credible and significant, not just for Helsingborg, but as part of both national and international climate action, said Christian Orsing, Chair of the Municipal Executive Committee in Helsingborg.
Ensure sustainable and affordable district heating
In addition to helping achieve Helsingborg’s climate goals, the upcoming CCS facility at the Filbornaverket CHP plant will ensure sustainable and affordable district heating beyond 2040.
By then, the cost of emitting fossil carbon dioxide will be much higher—if it’s even allowed under EU regulations.
Recovering energy from residual waste has several advantages. We’re utilizing a resource that would otherwise go to waste while also generating revenue from waste providers. Now, we’re going to capture the carbon dioxide directly during combustion and thereby eliminate the major downside of waste incineration—CO2 emissions. With CCS, we reduce our climate impact and contribute to Helsingborg’s climate targets. At the same time, we make district heating climate-neutral and keep prices stable, said Stefan Håkansson.
Biomass has been considered an alternative, but it would result in higher district heating costs in the long term, not least due to rising biomass prices.
This project is not only important for Helsingborg—it’s part of Sweden’s path to net zero. We want to show that it is possible to combine waste incineration with drastically reduced emissions, and we hope more players will follow suit, concluded Stefan Håkansson.
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