The Swedish Energy Agency awarded SEK 5.3 million to Malmö CO2 Hub to develop southern Sweden’s carbon capture, utilization, and storage infrastructure. The funding, under Sweden’s Industrial Leap initiative, represents significant progress in advancing the country’s efforts to meet its climate goals.
Collaboration for Shared Carbon Infrastructure
The Malmö CO2 Hub brings together CMP, E.ON, Nordion Energi, Sysav, Uniper, supported by Växjö Energi and Öresundskraft. Together, the consortium will carry out a detailed feasibility study that will help determine whether shared carbon infrastructure is possible. This study will be completed by June 2025 and will look at the least-cost options for business to cooperate on CCUS technologies.
Henrik Norgren, Project Manager, said, “By collaborating on a carbon capture, utilisation and storage infrastructure, we can achieve climate benefits not only for industry but also for Sweden as a whole.”
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The shared infrastructure model will allow participating companies to pool resources, making carbon capture solutions more accessible and affordable. By leveraging economies of scale, the initiative will reduce costs and maximize emission reductions, helping Sweden progress toward its ambitious climate targets.
The project envisions Malmö as a central hub for CO2 logistics, facilitating the efficient collection and transportation of captured carbon dioxide to neighboring countries like Norway or Denmark for permanent storage.
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Ambitious Emission Reduction Targets
The consortium’s infrastructure aims to capture and store 1–2 million metric tons of carbon dioxide annually, contributing to Sweden’s efforts to achieve negative emissions. The project also seeks to establish a sustainable CCUS ecosystem, welcoming future participation from additional stakeholders and setting an example for other regions.
Additionally, with carbon capture recognized as a key tool in meeting climate commitments set by Sweden and the European Union, this initiative highlights the importance of industrial collaboration and innovation. By creating a scalable and cost-efficient CCUS system, the Malmö CO2 Hub will be vital in advancing sustainable industrial practices across the region.
