SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Vattenfall stops carbon dioxide capture

» Published: 02 December 2024

Vattenfall stops carbon dioxide capture
Photo: Johan Nilsson/TT

The state-owned energy giant Vattenfall is stopping two investments in carbon dioxide capture in Jordbro in Haninge municipality outside Stockholm, as well as in Uppsala, reports SVT Stockholm.

The plan was to capture a total of 350,000 tons of carbon dioxide per year from the two power plants' chimneys using so-called CCU and CCS technology, partly to pump down captured carbon dioxide for storage in the ground.

Vattenfall writes in an email to SVT that "the market for carbon dioxide capture is too immature and that the economy to implement the project is lacking".

Corrected: Correcting information that all carbon dioxide is about CCS technology.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

New - smaller model - to boost Polestar
1 MIN READ

New - smaller model - to boost Polestar

New strength signals from the US banking sector
2 MIN READ

New strength signals from the US banking sector

Court Approves Plantagen's Reconstruction
1 MIN READ

Court Approves Plantagen's Reconstruction

Hitachi invests in Piteå – 100 new jobs
1 MIN READ

Hitachi invests in Piteå – 100 new jobs

Increased Probability of Interest Rate Cut
1 MIN READ

Increased Probability of Interest Rate Cut

Mass Layoffs at Oil Giant
1 MIN READ

Mass Layoffs at Oil Giant

Northvolt gets reprieve from US court
2 MIN READ

Northvolt gets reprieve from US court

Proposals for new electricity areas delayed
1 MIN READ

Proposals for new electricity areas delayed

Luxury Rally on European Exchanges
1 MIN READ

Luxury Rally on European Exchanges

Slightly Higher Inflation Expectations
1 MIN READ

Slightly Higher Inflation Expectations

Unexpectedly weak growth in the UK
1 MIN READ

Unexpectedly weak growth in the UK

German Inflation Rise Confirmed
1 MIN READ

German Inflation Rise Confirmed

The stock market continues to rise
2 MIN READ

The stock market continues to rise

Unexpected Strong Profit Surge for Semiconductor Manufacturers
1 MIN READ

Unexpected Strong Profit Surge for Semiconductor Manufacturers

Increased Sales in the Daily Consumer Goods Trade
1 MIN READ

Increased Sales in the Daily Consumer Goods Trade

Electricians called to civil defence duty
2 MIN READ

Electricians called to civil defence duty

Sources: Biden wants to stop TikTok shutdown
2 MIN READ

Sources: Biden wants to stop TikTok shutdown

Hard to choose mortgage rate: "Unique small differences"
2 MIN READ

Hard to choose mortgage rate: "Unique small differences"

Upwards in Asia
1 MIN READ

Upwards in Asia

Still Male Dominance in Stock Exchange Companies
1 MIN READ

Still Male Dominance in Stock Exchange Companies