Air Liquide to supply Cryocap™ technology for Stockholm Exergi project

Stockholm Exergi has chosen Air Liquide's Cryocap™ LQ technology for its BECCS project, aimed at liquefying and sequestering eight million tonnes of CO2 over ten years.
Cryocap™ LQ captage stockage CO2

Partagez:

Air Liquide’s Cryocap™ LQ CO2 liquefaction technology has been selected by Stockholm Exergi for its bioenergy with carbon dioxide capture and storage (BECCS) project. This project, located in Stockholm, Sweden, aims to significantly reduce CO2 emissions by capturing and storing the biogenic carbon dioxide produced by a bio-cogeneration plant. Bioenergy is also developing rapidly in Scandinavia, as demonstrated by the biomass project led by Cortus and Nordbex.

BECCS Project Technology and Objectives

Under this agreement, Air Liquide will supply the equipment required for CO2 liquefaction. The Cryocap™ LQ liquefaction unit will have a capacity of 3,500 tonnes per day, making it one of the largest facilities of its type in the world. The liquefied CO2 will then be transported for permanent storage, contributing to the project’s objective of sequestering around eight million tonnes of CO2 over the first ten years of operation. This project is supported by the European Innovation Fund, one of the most important programs for promoting low-carbon technologies.

Advantages of Cryocap™ LQ technology

Cryocap™ LQ technology features a process without the use of flammable chemicals and a compact architecture. It also recovers the heat generated during the liquefaction process to supply Stockholm’s district heating network. This approach increases energy efficiency and improves sustainability compared with traditional CO2 liquefaction methods.

Strategic Perspectives

Philippe Merino, Vice-President of Air Liquide’s Engineering & Construction activities, emphasized that Cryocap™ LQ technology is particularly suited to large-scale carbon capture and storage projects. This project is part of Air Liquide’s ADVANCE strategic plan, which aims to support the transition to a low-carbon economy and help customers achieve their decarbonization objectives.

Frontier Infrastructure Holdings has signed an offtake agreement with manager Wild Assets for up to 120 000 tonnes of BECCS credits, underscoring the voluntary market’s growing appetite for traceable, high-permanence carbon removals.
Global carbon capture and offset credit markets could exceed $1.35 trillion by 2050, driven by private investment, technological advances, and regulatory developments, according to analysis published by Wood Mackenzie.
The Australian carbon credit market is experiencing temporary price stabilization, while the emergence of new alternative financial instruments gradually attracts corporate attention, subtly altering the commercial and financial dynamics of the sector.
Norway has launched a major industrial project aimed at capturing, maritime transport, and geological storage of CO₂, mobilizing key energy players and significant public subsidies to ensure economic viability.
A €21mn European grant, managed by EIB Global, will fund Egyptian projects aimed at cutting industrial emissions and boosting recycling, while a related €135mn loan is expected to raise additional climate investments.
Stockholm Exergi begins construction of a CO₂ capture facility in Stockholm, integrated with the expansion of Northern Lights in Norway, reaching a total storage capacity of 5 million tonnes per year by 2028.
Global emissions coverage by carbon pricing systems reaches 28%, driven by expanding compliance markets, where demand nearly tripled within one year, according to a World Bank report.
Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.
The U.S. Environmental Protection Agency (EPA) proposes granting Texas direct authority to issue carbon dioxide injection permits, potentially accelerating the commercial expansion of geological CO₂ storage projects.
Höegh Evi and Aker BP received Approval in Principle from DNV for a maritime carrier designed to transport liquefied CO₂ to offshore storage sites in Norway.
Norne and the Port of Aalborg begin construction of a 15 mn tonne per year CO2 terminal, supported by an EU grant.
The Lagos State government has launched a programme to deploy 80 million improved cookstoves, generating up to 1.2 billion tonnes of tradable carbon credits.
The US Department of Energy has cancelled 24 projects funded under the Biden administration, citing their lack of profitability and alignment with national energy priorities.
In the United States, the carbon black market faces unprecedented fluctuations in the first half of 2025, driven by declining industrial demand and persistent raw material volatility, casting doubts over the sector's future stability.
European and UK carbon markets paused this week as participants await clarity on future integration of both emissions trading systems.
A consortium led by European Energy has secured prequalification for a Danish carbon capture and storage project in Næstved, aiming to remove 150,000 tons of CO₂ per year under a national subsidy programme.
The joint project by Copenhagen Infrastructure Partners and Vestforbrænding is among ten initiatives selected by the Danish Energy Agency for public carbon capture and storage funding.
Canadian broker One Exchange partners with Stephen Avenue Marketing to create OX CO₂, a carbon trading platform combining digital technology and human expertise.
Russia has filed a complaint with the World Trade Organization (WTO) challenging the European Union's Carbon Border Adjustment Mechanism (CBAM), deeming it discriminatory and protectionist towards its strategic commodity exports.
BP recommends extending the UK emissions trading system through 2042 and calls for alignment with the European market while supporting the inclusion of carbon removals in the scheme.