228 million SEK to Öresundskraft – major investment in CCS in Helsingborg
The Swedish Energy Agency is granting 228 million SEK in support to Öresundskraft’s Innozhero project for the construction of a carbon capture facility in Helsingborg.
The Swedish Energy Agency has approved 228 million SEK in funding for Öresundskraft’s investment in a CCS (Carbon Capture and Storage) facility at the combined heat and power plant, Filbornaverket. The agency considers the project to be highly innovative and important for advancing technology in this field.
The potential for negative emissions through bio-CCS is also expected to increase over time as the fossil content of the waste at the power plant decreases. Negative emissions are generated when biogenic carbon dioxide is permanently stored.
Moreover, bio-CCS is seen as a crucial complementary measure for achieving Sweden’s climate goals.
“To reach Sweden’s climate targets, multiple solutions are needed, and carbon capture and storage is one of the key components. With CCS, there is potential to store large amounts of both fossil and biogenic carbon dioxide annually. Risk-sharing through government support helps accelerate the implementation of these solutions,” says Caroline Asserup, Acting Director General of the Swedish Energy Agency.
The Innozhero initiative involves building a carbon capture facility at Filbornaverket, where CO₂ can be captured and transported for geological storage. This could result in climate-neutral district heating, climate-neutral waste incineration, and negative emissions. Once fully operational, the project could capture around 200,000 tons of CO₂ annually — nearly half of which is biogenic.
“This is a major and urgent investment. We are contributing to the development of CCS as a technology for our entire industry. With the 228 million SEK now granted, along with approximately 600 million SEK from the EU Innovation Fund and an additional 34 million SEK from the Swedish Energy Agency, the project has the financial foundation needed to become a reality—not just technically and commercially, but also financially. The support from the Industrial Leap ensures the project can proceed on an even more stable economic footing,” says Stefan Håkansson, CEO of Öresundskraft.
One of the first of its kind in the world
There is currently no large-scale carbon capture facility in operation in Sweden. This facility will also be one of the first carbon capture plants at a waste-fired combined heat and power plant in the world to use amine-based capture technology.
Other major Swedish CCS projects
- Stockholm Exergi was granted support through the reverse auction for bio-CCS in 2025, with payments distributed over a maximum of 15 years based on the amount of CO₂ captured and stored. Stockholm Exergi is expected to begin storing biogenic CO₂ within three years. The support can be used for both investments and operations.
- Söderenergi received funding from the Industrial Leap in 2024 to further develop its bio-CCS project at the Igelsta combined heat and power plant in Södertälje. The goal is to capture and store 500,000 tons of biogenic CO₂ annually by 2030, contributing to negative emissions by separating, liquefying, and storing biogenic CO₂.
- Sysav (South Scania Waste Company) was granted support from the Industrial Leap in 2025 to take the next step in its SkyZero project. SkyZero is a long-term initiative focused on negative emissions through carbon capture and storage. Sysav aims to have a facility operational by 2030 that can capture up to 400,000 tons of CO₂ annually from its waste-to-energy plant in Malmö.
More information about CCS and the Industrial Leap
