Capsol awarded feasibility study by SUEZ for energy-from-waste plant in France
Capsol Technologies ASA has been awarded a feasibility study by SUEZ for an energy-from-waste (EfW) plant in France.
A new energy-from-waste plant with carbon capture and storage (CCS) is planned to be built in northern France, aiming to capture more than 150,000 tons of CO2 per year, of which approximately 50% of the CO2 is biogenic, enabling negative emissions.
The purpose of the feasibility study is to obtain key technical and cost inputs for further development of the carbon capture solution for the EfW plant.
SUEZ is a leader in environmental services. Globally, the group recovers more than 5 million tons of waste each year, turning it into 7.3 TWh of energy. SUEZ has committed to achieve net zero by 2050, including a target of reducing scope 1 and 2 emissions by 46% by 2030.
Energy-from-waste is one of Capsol Technologies’ target segments. According to estimates by the International Energy Agency (IEA), bioenergy with carbon capture and storage (BECCS) will need to reach 190 million tons of CO2 per annum by 2030 in the net zero emissions by 2050 scenario. Waste incineration with CCS plays an important part in the roadmap to net zero by capturing and storing the biogenic CO2 from household waste.
“When building a new energy-from-waste plant with integrated carbon capture it’s possible to achieve negative emissions, as approximately half of the CO2 is biogenic and therefore part of the natural carbon cycle. This makes it one of the most impactful uses of our technology in advancing the transition to a net zero future, and we are thrilled to partner with SUEZ on this important project,” says Wendy Lam, CEO of Capsol Technologies.
Capsol Technologies’ traction within biomass and EfW to date:
- In total, Capsol Technologies has engineering studies and CapsolGo® demonstration campaigns for EfW and biomass plants totaling a potential of more than 7 million tons of CO2 to be captured annually.
- In July 2022, Capsol was awarded a license agreement for using CapsolEoP® at Stockholm Exergi’s biomass-powered combined heat and power plant Värtaverket in Stockholm, Sweden.
- In December 2023, Capsol was awarded a frame license agreement for using CapsolEoP® at an EfW plant of a European utility.
- In March 2024, Capsol signed a preliminary license agreement for KVA Linth’s EfW plant in Switzerland.
- Capsol has executed a CapsolGo® carbon capture demonstration campaign at Öresundskraft’s EfW plant Filbornaverket in Helsingborg, Sweden.
- Capsol has executed a 12-month CapsolGo® demonstration campaign for a major German energy company, including a campaign on an EfW plant.
- Capsol has executed a CapsolGo® demonstration campaign at EEW’s EfW site in Hannover, Germany.
- In October 2023, Capsol signed a contract for the delivery of two CapsolGo® demonstration campaigns to be executed at Sumitomo SHI FW’s client base. The first campaign has been completed at Växjö Energi AB’s Sandvik biomass plant in Växjö while the second campaign commenced at Swedish Mälarenergi's combined heat and power (bio-CHP) plant in Västerås, Sweden, in November 2024.
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For further information, please contact:
Ingar Bergh
Chief Financial Officer, Capsol Technologies ASA
+47 926 20 330
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. 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.