SUMMARY

CO2 Capsol will undertake the FEED study in cooperation with a Scandinavian engineering company.

By Shardul Sharma

Norway-listed CO2 Capsol will participate in a front-end engineering design (FEED) study in cooperation with a Scandinavian engineering company for bioenergy with carbon capture and storage (BECCS) project in Sweden, it said on March 30.

“This proves our position in bioenergy with carbon capture and storage – BECCS – which involves CO2 captured from biogenic sources such a plants, trees and soil, and permanently stored,” said Jan Kielland, CEO of CO2 Capsol. “When CO2 from the incineration of biogenic sources is captured and stored, instead of releasing the biogenic CO2 to the atmosphere, negative emissions are created by removing CO2 from the atmosphere.”

CO2 Capsol said it is emerging as an attractive technology provider for CO2 capture from BECCS plants.

In July 2022, CO2 Capsol was awarded a license agreement for using CapsolEoP at Stockholm Exergi's biomass-powered combined heat and power plant in Stockholm, Sweden. During Q1 2023, a 12-month CapsolGo demonstration campaign for a major German energy company will start operating, with a 6-month campaign at biomass-fired combined heat and power plant, it said.

The company has also delivered a feasibility study for a plant in the BECCS value chain in the US.