Sweden-based energy company Stockholm Exergi has cleared Italian engineering firm Saipem to begin work on a large-scale carbon capture project at the Värtaverket biomass power plant in Stockholm.
The €600m contract spans engineering, procurement, construction, and commissioning of CO2 capture, storage, and ship-loading systems.
Once operational, the project is expected to capture 800,000 tonnes of biogenic CO2 a year, applying a bioenergy with carbon capture and storage (BECCS) approach.
BECCS is a carbon removal method that extracts CO2 from the atmosphere by capturing emissions from burning biomass and storing underground.
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