Technical FAQs 4

How much money does Stockholm exergi receive from the Energy Agency?

Stockholm Exergi receives 20 billion kronor from the Energy Agency, to collect and store carbon dioxide. Time was running out, says CEO Anders Egelrud. » Published: Mon 27 Jan 2025 11:07 CET

How many energy storage facilities are there in Sweden?

The opening ceremony for one of the 14 facilities was held in Eskilstuna. The Role of Energy Storage in the Energy Transition Since 2023, Ingrid Capacity and BW ESS have been working together on 14 large-scale energy storage projects strategically located within Sweden’s electricity grid in price zones SE3 and SE4.

What is Stockholm exergi's bio-CCS project?

Stockholm Exergi’s landmark bio-CCS project Stockholm Exergi has secured government funding of over SEK 20 billion in the Swedish Energy Agency’s reverse auction to develop a bio-CCS (bioenergy with carbon capture and storage) facility.

How did Stockholm exergi get 20 billion kronor?

The Energy Agency has granted Stockholm Exergi 20 billion kronor through a reverse auction. The reverse auction means that the bidder who offered the lowest cost per ton for collecting, transporting, and storing biogenic carbon dioxide (bio-CCS) won.

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