Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
    • AGM Invitations
    • IPOs
  • inderesTV
  • Portfolio
  • Forum
  • Discovery
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

ACC: Aker Carbon Capture awarded feasibility study for e-fuel project in Finland

Aker Carbon Capture
Aker Carbon Capture has been awarded an integration feasibility study for an e
-fuel project in Finland. The company will investigate fully integrating one of
its standardized and modularized Just Catch carbon capture units into the e-fuel
process at a waste-to-energy facility. Aker Carbon Capture's Just Catch unit
could capture up to 100,000 tonnes CO2 per year, enabling the initial production
of 20 megawatt of e-methane per year.

"We are excited to be working on our second e-fuel project in Finland. Projects
such as these will be instrumental in achieving Finland's ambitious target to
become carbon neutral by 2035", said Jon Christopher Knudsen, Chief Commercial
Officer at Aker Carbon Capture. "We have recently strengthened our foothold in
the modular CCUS market with a number of strategic awards, including a FEED for
Hafslund Oslo Celsio's CCS project on their waste-to-energy plant at Klemetsrud
in Norway. The award of this feasibility study is further validation that the
CCUS market is accelerating," continued Knudsen.

The Just Catch unit will capture CO2 from the flue gases from the waste-to
-energy facility, which will then be conditioned and sent directly to a
catalytic methanation plant. There, it will be combined with green hydrogen,
produced through electrolysis of water using renewable electricity from wind
power, to produce sustainable e-methane. Today, methane originates mainly from
fossil sources. It is used for heating, chemical processes or in industrial
furnaces. To increase security of supply and achieve lower emissions, this
project is assessing the possibility of producing e-methane. The e-methane can
be liquified to produce sustainable LNG, or it can be used in gaseous form as a
replacement for traditional methane.

At Twence's waste-to-energy facility in the Netherlands, Aker Carbon Capture is
currently delivering a Just Catch unit with a capacity of 100,000 tonnes CO2 per
year. In May of this year, the company started the delivery of five Just Catch
units to Ørsted's bioenergy facilities in Denmark, with a design capture
capacity of 500,000 tonnes CO2 per year.  At the CCS project at the Klemetsrud
waste-to-energy plant, Aker Carbon Capture, Aker Solutions and Celsio have
through the FEED established a framework for an intention to execute an
engineering, procurement,  construction, installation, and commissioning
contract. These flagship projects contribute to Aker Carbon Capture's mission to
standardize and modularize carbon capture plants, with reduced footprint and
significant cost and energy benefits, for the small and mid-scale emitter
market.

ENDS

Media contact:
Marianne Stigset, mob:?+47 41 18 84 82 (http://tel:+47 41 18 84 82), email:
marianne.stigset@akerhorizons.com
Investor contacts:
David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:
david.phillips@akercarboncapture.com

Aker Carbon Capture is a pure-play carbon capture company with solutions,
services and technologies serving a range of industries with carbon emissions,
including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen
segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a
unique, environmentally friendly solution for removing CO2 emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect
with us on LinkedIn (https://www.linkedin.com/company/aker-carbon
-capture), Facebook (https://facebook.com/akercarboncapture),
Twitter (https://twitter.com/akercarbon),
Instagram (https://www.instagram.com/akercarboncapture/) and
YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press
release may include forward-looking information or statements and is subject to
our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.