Financing Nordic CO2 removal from waste

Skift and ZERO held a webinar in December gathering waste management companies, authorities, NGOs and other relevant stakeholders from the Nordic countries to discuss «How can we speed up CO2 capture from waste incineration in the Nordics?».

In the webinar we discussed what policy measures are needed to quickly scale up CO2 capture projects in the Nordics. The Nordic countries and the EU Innovation Fund have supported some CCS projects.

– Now we need to discuss further framework and business models making CCS on waste management profitable without public support, says Camilla Svendsen Skriung, advisor CCS in ZERO. 

Emissions from waste incineration stands for approximately 5% of the global CO2 emissions. To mitigate these emissions is a huge challenge.

The good news is that it is possible, there are relatively few point sources of emissions, there are willing actors wanting to commit, and the Nordic countries have a common waste market and would benefit greatly from a joint approach and cooperation between the waste facilities planning to do CCS. 

– The first movers planning to mitigate their CO2 emissions from waste to energy facilities, should be supported on a EU level, a national level or on a municipality level. But this is a short term, and politically vulnerable way of funding, says Camilla.

– Now we need to discuss further framework and business models making CCS on waste management profitable without public support. What policy measures are needed to quickly scale up CO2 capture projects in the Nordics.  

Here is the recording of the webinar:

The agenda:

10.00 Welcome – Camilla Svendsen Skriung

10.10 Jo-Kristian Røttereng (Enova) – Background on the EU Innovation Fund, first round of allocations for CCS (4 projects, 1 in the Nordics)

10.19 Jannicke G. Bjerkås (FOV) – The Norwegian CO2 capture project at Fortum Oslo Varme

10.31 Nils Thor Rosted (ARC) – The Danish CO2 capture project at Amager Resource Center

10.43 Fabian Levihn (SE) – The Swedish CO2 capture project at Stockholm Exergi

Pause

11.03 Valentin Vandenbussche (Endrava) – CCS potential for waste to energy plants in the Nordics

11.12 Tobias Johan Sørensen (Concito) – Status of CCS in Denmark

11.24 Anne-Marit Post Melbye (ZERO) – «Innovative financing», CCS on waste incineration – a Norwegian perspective

11.36 Svante Søderholm (Energimyndigheten) – The Swedish Support Scheme for Negative emissions – Bio-CCS a policy measure to achieve climate goals