Today, we are featuring Stockholm Exergi, the main energy supplier for Stockholm, Sweden. Stockholm Exergi prioritises minimising its impact on people and the environment and incorporates ambitious CDR technologies in alignment with global climate targets.
How does Stockholm Exergi operate?
⚡ Stockholm Exergi is owned by the City of Stockholm and Ankhiale and provides its heating, cooling, electricity, and waste management services through its distribution network to more than 800,000 Stockholmers.
♻️ Impressively, 99% of their district heating is generated from renewable or recycled fuels. It was this feat that contributed to Stockholm being named by the EU as the first European Green Capital in 2010, and is aiming to become the world’s first climate-positive capital city!
👷 Stockholm Exergi regularly analyses where their impacts are greatest and which sustainability issues are most important to those affected by their operations. This forms a key basis for their company’s development and business planning processes.
What is Stockholm Exergi’s carbon removal strategy?
🇸🇪 The Swedish government set their target to achieve negative greenhouse gas (#GHG) emissions after 2045 and recognised the need to look beyond extensive GHG reductions. Bioenergy with carbon capture and storage (#BECCS) emerged as the most cost-effective measure to get them there.
💶 Stockholm Exergi has sought to become Europe’s leader in carbon removal and was awarded a €180 million grant from the @ EU Innovation Fund to create a world-class, full-scale BECCS facility at Stockholm Exergi’s existing heat and power biomass plant in the heart of Stockholm.
🏭 BECCS Stockholm combines CO2 capture with heat recovery, and will capture and permanently store large quantities of biogenic CO2, resulting in carbon removal from the atmosphere and the creation of “negative emissions”. It's set to capture 800,000 tonnes of CO2 annually by 2027.
To me, technology like Stockholm Exergi’s are amongst the most promising we have to reach climate relevance in the next 5-10 years. Retrofitting facilities like this seems like a no-brainer and can provide volumes that few other approaches will yield in the short term.
❓What do you think about Stockholm Exergi’s strategy and CDR provision?
📣Shoutout to Anders Egelrud, Erik Rylander, Johan Börje, and Fabian Levihn PhD.
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