The Government of Sweden today hosted the European Parliament’s Conference of Presidents at Stockholm Exergi’s Värtaverket plant in Stockholm.
– For us it is important to gather at Stockholm Exergi, with representatives from the European Parliament, to showcase the opportunities provided by sustainable biomass in order to promote the climate transition and reduce emissions. In addition, this is where the next steps to capture carbon dioxide with the help of Bio-Energy Carbon Capture and Storage (BECCS) will take place. This is something that the Government is prioritizing and investing in as part of the budget, said Ulf Kristersson, Prime Minister of Sweden.
The UN’s climate panel states that negative emissions are crucial to limiting global warming in order to reach the 1.5 degree target. BECCS is one way to create negative emissions and Stockholm Exergi’s goal is to build a full-scale facility capable of capturing 800,000 tons of carbon dioxide.
– But we cannot get there alone. Leadership now entails collaboration and partnership. For us at Stockholm Exergi, it is therefore very significant to receive this attention from the Government and the Conference of Presidents. It shows that what we are doing is important and that our ambitions are in line with those of the Government and the EU. We cannot make this journey on our own, rather we need to work together, said Stockholm Exergi’s CEO Anders Egelrud.
In addition to the conference and meetings held this morning, participants received a guided tour of Stockholm Exergi’s biomass-powered combined heat and power plant KVV8 and BECCS research facility.