800,000 tons of CO₂—that’s how much the facility will capture each year. That’s more than the total emissions from road traffic in Stockholm during the same period.

Once the carbon dioxide is captured, it is converted into liquid form and then transported to a permanent storage site beneath the seabed. There, it mineralizes and becomes part of the bedrock.

 

 

A facility to be proud of

 

How is it financed?

Bio-CCS is a cost-effective way to remove biogenic carbon dioxide from the atmosphere—but it’s a major investment for a single company. Therefore, the project is financed through three pillars: government support, EU funding, and significant revenue from companies purchasing carbon credits (to offset their emissions). All parts are necessary.

 


Disclaimer
Co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Climate, Infrastructure and Environment Executive Agency (CINEA). Neither the European Union nor the granting authority can be held responsible for them.