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Stockholm Exergi takes final Investment decision on world's first large-scale BECCS project, using Capsol's carbon capture technology
"This breakthrough is the result of Stockholm Exergi's pioneering efforts, strong market momentum for carbon removals, government support, and our cost-efficient, energy-smart technology," said Wendy Lam , CEO of Capsol Technologies. "It sets a global precedent for BECCS deployment and further strengthens confidence in Capsol's technology."
Capsol's end-of-pipe solution, CapsolEoP®, can delivers 20–60% lower levelized capture cost compared to amine-based technologies, enabled by integrated heat recovery and generation. The technology is particularly attractive for energy-from-waste and biomass plants with limited excess heat and is delivered as a stand-alone unit using the proven Hot Potassium Carbonate (HPC) solvent.
Capsol currently has biomass and EfW projects with a mature pipeline potential of 7.8 million tonnes of CO₂, translating into EUR 80–115 million in potential license revenues based on a target of EUR 10–15 per tonne.
"With the first FID for a large-scale project using our technology now in place, we expect this to accelerate commercial traction and de-risk adoption across industries," said Lam.
Stockholm Exergi's decision highlights the scalability of BECCS and Capsol's growing role in enabling carbon-negative projects globally.
About Capsol Technologies
Capsol Technologies ASA is a carbon capture technology provider with a goal of accelerating the world's transition to a net zero future. The technology combines inherent heat recovery and generation in a stand-alone unit based on a proven and safe solvent. Capsol's technology is licensed either directly to customers or through industrial partners globally. Capsol's key segments include cement, biomass, energy-from-waste and gas turbines. Capsol Technologies is listed on Euronext Oslo Børs (ticker: CAPSL). For more information, visit capsoltechnologies.com.
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