Aker Carbon Capture awarded study for waste-to-energy plants in Northern Europe

Rhea-AI Summary

Aker Carbon Capture wins a study to assess carbon capture integration at biomass and waste-to-energy plants in Europe. The company's modular Just Catch system aims to streamline projects, reduce risks, and offer cost benefits. Aker Carbon Capture is positioned as a leader in the European market, aligning with the EU's ambitious GHG emissions reduction targets.

OSLO, Norway, Feb. 22, 2024 /PRNewswire/ -- Aker Carbon Capture has been awarded a study from a European developer to assess the feasibility of integrating carbon capture at multiple biomass and waste-to-energy facilities. The four initial plants will be based on Aker Carbon Capture's modular Just Catch, which enables synergies across the projects, faster realization and reduced overall risk.  

"We are excited to be working on this leading carbon capture initiative. We believe that our configurable Just Catch, which facilitates serial-produced carbon capture units, will provide cost and delivery benefits. By addressing our customer's specific requirements, we aim to contribute to the successful realization of their CCUS projects," said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture. 

This award emphasizes Aker Carbon Capture's leading European market position with proven technology, modularized and standardized products and a major project portfolio. The European Commission recently presented a 90% net GHG emissions reduction proposal compared to 1990 levels as the recommended target for 2040. To deliver a reduction of net GHG emissions of 90%, the EU's GHG emissions in 2040 should be less than 850 MtCO2-eq and carbon removals should reach up to 400 MtCO2, a large part of which will have to be BECCS. 

Aker Carbon Capture is currently delivering seven carbon capture plants. In the Netherlands, Aker Carbon Capture is in the final stages of delivering a Just Catch 100 at the Twence waste-to-energy facility. For Heidelberg Materials' cement plant in Brevik Norway, Aker Carbon Capture is delivering a carbon capture plant with a capacity of 400,000 tonnes per year. The company is also delivering five Just Catch 100 units to Ørsted's bioenergy facilities in Denmark, with a total design capture capacity of 500,000 tonnes CO2 per year. These flagship projects contribute to Aker Carbon Capture's mission to serial produce carbon capture units for the mid-scale emitter market. 

Media contact:
Marianne Stigset, mob: +47 41 18 84 82, email: marianne.stigset@akerhorizons.com 

Investor contacts:
David Phillips, mob: +44 7710 568279, email: david.phillips@akercarboncapture.com

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SOURCE Aker Carbon Capture ASA

FAQ

What study has Aker Carbon Capture been awarded?

Aker Carbon Capture has been awarded a study to assess the feasibility of integrating carbon capture at multiple biomass and waste-to-energy facilities.

What is the name of the modular system used by Aker Carbon Capture?

Aker Carbon Capture utilizes the modular Just Catch system for carbon capture, enabling synergies across projects and faster realization.

What benefits does Aker Carbon Capture aim to provide with its configurable Just Catch system?

Aker Carbon Capture aims to provide cost and delivery benefits to customers through its configurable Just Catch system.

What is the target for net GHG emissions reduction proposed by the European Commission for 2040?

The European Commission proposed a 90% net GHG emissions reduction compared to 1990 levels as the target for 2040.

How many carbon capture plants is Aker Carbon Capture currently delivering?

Aker Carbon Capture is currently delivering seven carbon capture plants, including projects in the Netherlands, Norway, and Denmark.