New opportunity to apply for bio-CCS support
The second call within the Swedish Energy Agency’s support scheme for bio-CCS has opened. A total of SEK 10 billion is available for allocation.
The SEK 10 billion support is aimed at operators with facilities in Sweden that can contribute to negative carbon dioxide emissions through bio-CCS.
“The state support enables the value chain for the capture, transport and storage of biogenic carbon dioxide to be built more quickly. This strengthens industrial transition and technological development in an area where Sweden has strong potential to lead,” says Carl Mikael Strauss, Head of Unit at the Swedish Energy Agency.
Funds from the support scheme will be allocated through a reverse auction, where the lowest bid wins. Companies that can offer the service of capturing, transporting and geologically storing carbon dioxide from biogenic sources, while requiring the least support per tonne of stored CO₂, will win the reversed auction. The support will be paid retrospectively over 15 years, once the carbon dioxide has been geologically stored.
Approved funding can be used for investment and operating costs across the entire bio-CCS value chain. The project(s) awarded support must be able to deliver geologically stored biogenic carbon dioxide no later than four years from the date of the funding decision.
Bio-CCS in Sweden
Sweden aims for net zero emissions by 2045 and negative emissions thereafter, where bio-CCS is seen as a key solution. Thanks to good biomass resources, facilities such as combined heat and power plants, as well as pulp and paper mills, can contribute by capturing carbon dioxide during biomass conversion.
The Swedish Energy Agency's role in CCS, CCU and bio-CCS
Since 2021, the Swedish Energy Agency has served as the national centre for CCS. From 2025, this also includes CCU, where captured carbon dioxide can be used for sustainable products. The agency is responsible for coordination and support, including calls for bio-CCS.
