Babcock & Wilcox Awarded Contract to Evaluate Carbon Capture System for Sweden Waste-to-Energy Plant
Babcock & Wilcox (NYSE: BW) has secured a contract to conduct a feasibility study for implementing its SolveBright™ carbon capture technology at Mälarenergi AB's waste-to-energy plant in Västerås, Sweden. The project aims to capture 400,000 tonnes of CO2 emissions annually and achieve carbon neutrality by 2035. The study will focus on integrating the SolveBright system with the plant's operations, managing heat utilization, and optimizing facility efficiency. The waste-to-energy plant currently provides 50% of Västerås' district heating, and this initiative aligns with Sweden's net-zero emissions goals.
Babcock & Wilcox (NYSE: BW) ha ottenuto un contratto per condurre uno studio di fattibilità per l'implementazione della sua tecnologia di cattura del carbonio SolveBright™ presso l'impianto di valorizzazione energetica di Mälarenergi AB a Västerås, Svezia. Il progetto mira a catturare 400.000 tonnellate di emissioni di CO2 all'anno e raggiungere la neutralità carbonica entro il 2035. Lo studio si concentrerà sull'integrazione del sistema SolveBright con le operazioni dell'impianto, sulla gestione dell'utilizzo del calore e sull'ottimizzazione dell'efficienza dell'impianto. L'impianto di valorizzazione energetica attualmente fornisce il 50% del riscaldamento urbano di Västerås, e questa iniziativa è in linea con gli obiettivi di emissioni zero della Svezia.
Babcock & Wilcox (NYSE: BW) ha asegurado un contrato para llevar a cabo un estudio de viabilidad para implementar su tecnología de captura de carbono SolveBright™ en la planta de energía a partir de residuos de Mälarenergi AB en Västerås, Suecia. El proyecto tiene como objetivo capturar 400.000 toneladas de emisiones de CO2 anuales y lograr la neutralidad de carbono para 2035. El estudio se centrará en la integración del sistema SolveBright con las operaciones de la planta, la gestión del uso del calor y la optimización de la eficiencia de las instalaciones. La planta de energía a partir de residuos actualmente proporciona el 50% de la calefacción urbana de Västerås, y esta iniciativa está alineada con los objetivos de emisiones netas cero de Suecia.
Babcock & Wilcox (NYSE: BW)는 스웨덴 Västerås의 Mälarenergi AB의 쓰레기 에너지 변환 공장에서 SolveBright™ 탄소 포집 기술 구현을 위한 타당성 연구를 수행하는 계약을 체결했습니다. 이 프로젝트의 목표는 연간 40만 톤의 CO2 배출량을 포집하고 2035년까지 탄소 중립을 달성하는 것입니다. 연구는 SolveBright 시스템과 공장의 운영 통합, 열 이용 관리 및 시설 효율성 최적화에 중점을 둘 것입니다. 현재 이 쓰레기 에너지 변환 공장은 Västerås의 지역 난방의 50%를 제공하며, 이 이니셔티브는 스웨덴의 기후 중립 목표와 일치합니다.
Babcock & Wilcox (NYSE: BW) a obtenu un contrat pour réaliser une étude de faisabilité pour la mise en œuvre de sa technologie de capture du carbone SolveBright™ à l'usine de valorisation énergétique de Mälarenergi AB à Västerås, en Suède. Le projet vise à capturer 400 000 tonnes d'émissions de CO2 par an et à atteindre la neutralité carbone d'ici 2035. L'étude se concentrera sur l'intégration du système SolveBright dans les opérations de l'usine, la gestion de l'utilisation de la chaleur et l'optimisation de l'efficacité des installations. L'usine de valorisation énergétique fournit actuellement 50% du chauffage urbain de Västerås, et cette initiative s'aligne avec les objectifs de zéro émission de la Suède.
Babcock & Wilcox (NYSE: BW) hat einen Vertrag zur Durchführung einer Machbarkeitsstudie für die Implementierung seiner SolveBright™-Technologie zur Kohlenstoffabscheidung im Müll-zu-Energie-Werk von Mälarenergi AB in Västerås, Schweden, gesichert. Das Projekt zielt darauf ab, 400.000 Tonnen CO2-Emissionen jährlich zu erfassen und bis 2035 Kohlenstoffneutralität zu erreichen. Die Studie konzentriert sich auf die Integration des SolveBright-Systems in die Betriebsabläufe des Werks, das Management der Wärmeverwendung und die Optimierung der Effizienz der Anlage. Das Müll-zu-Energie-Werk liefert derzeit 50% der Fernwärme in Västerås, und diese Initiative entspricht den Zielen Schwedens für netto null Emissionen.
- Secured new contract for carbon capture feasibility study in Sweden
- Project targets significant scale with 400,000 tonnes annual CO2 capture
- Strengthens presence in growing carbon capture market
- None.
Insights
The feasibility study contract for B&W's carbon capture technology represents a strategic advancement in the waste-to-energy sector, though its immediate financial impact is The project's scope - targeting
The contract aligns with growing European carbon reduction initiatives and positions B&W to capitalize on the expanding carbon capture market. Sweden's aggressive climate goals and strong environmental regulations make it an ideal proving ground for this technology. Success here could lead to additional contracts in the Nordic region, where waste-to-energy facilities are widespread.
While this feasibility study alone won't significantly impact B&W's financials, successful implementation could establish B&W as a leader in waste-to-energy carbon capture solutions, potentially opening up a substantial new revenue stream in the growing
Mälarenergi’s goal is to capture 400,000 tonnes of CO2 emissions annually, permanently store the CO2 and achieve carbon neutrality by 2035.
B&W’s SolveBright scrubbing system is a post-combustion carbon capture technology that absorbs CO2 directly from a plant’s flue gas in an absorber using a regenerable solvent.
“We’re pleased to collaborate with Mälarenergi on this feasibility study to demonstrate how B&W’s advanced SolveBright technology can dramatically reduce the Västerås plant’s greenhouse gas emissions,” said B&W Chief Operating Officer Jimmy Morgan. “We look forward to contributing our many decades of expertise in waste-to-energy and flue gas purification in support of this important customer.”
The study will focus on the integration of B&W’s SolveBright system with the waste-to-energy plant and district heating system, the management and identification of usable heat, the optimization and rebalancing of the waste-to-energy facility and selecting the best technical configuration for higher operational efficiency.
“We are excited to work with B&W on the integration study of the capture plant in our waste-to-energy facility,” said Mälarenergi Project Manager Ivette Farias. “This project will facilitate our path towards energy transition, driving our company to our ambitious net-zero target.”
Mälarenergi’s waste-to-energy plant supplies 50 percent of Västerås’ district heating, helping reduce electricity consumption and ensuring energy is available for other needs. By integrating carbon reduction efforts and capturing emissions, waste-to-energy facilities such as the Västerås plant play a pivotal role in advancing
B&W’s SolveBright technology is part of its ClimateBright™ suite of clean energy and decarbonization technologies. B&W's ClimateBright technologies can reduce carbon impact in a multitude of ways: with post-combustion or pre-combustion carbon capture, by utilizing cleaner-burning fuels, or by harnessing the energy from a vast array of feedstock to generate hydrogen, steam or syngas with carbon isolation.
About Babcock & Wilcox
Headquartered in
Forward-Looking Statements
B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the receipt of a contract to conduct a feasibility study of carbon capture technology for a waste-to-energy plant in
View source version on businesswire.com: https://www.businesswire.com/news/home/20241111410631/en/
Investor Contact:
Investor Relations
Babcock & Wilcox
704.625.4944
investors@babcock.com
Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345
rscornell@babcock.com
Source: Babcock & Wilcox Enterprises, Inc.
FAQ
What is the size of the CO2 capture target for BW's project at Mälarenergi's plant?
What technology is BW using for the carbon capture project in Sweden?
What percentage of Västerås' district heating does the Mälarenergi plant supply?
What is the carbon neutrality target date for the Mälarenergi project with BW?
