Air Liquide Innovative CO2 Liquefaction Technology Selected by Stockholm Exergi for a World-Scale Carbon Capture and Storage Project
July 17 2024 - 1:45AM
Business Wire
Regulatory News:
Air Liquide's (Paris:AI) innovative large scale CO2
liquefaction technology, Cryocap™ LQ, has been selected by
Stockholm Exergi, Stockholm’s energy company, to contribute to its
Bio-Energy Carbon Capture & Storage (BECCS) project. This new
technology is an important additional brick in Air Liquide’s
portfolio of proprietary technologies that paves the way to
developing large-scale Carbon Capture & Storage (CCS) value
chains. The CO2 liquefaction solution allows to transport CO2 over
long distances to carbon sinks for permanent storage, contributing
to the viability of CCS projects and emergence of a low-carbon
industry.
Under the framework of the agreement, Air Liquide will provide
the CO2 liquefaction technology and equipment for the BECCS project
to be built at an existing heat and power biomass
(bio-cogeneration) plant in Stockholm. The Cryocap™ LQ CO2
liquefaction unit supplied by Air Liquide will be one of the
largest in the world with a capacity of 3,500 tonnes per day.
After liquefaction, the CO2 will be transported for permanent
storage. The BECCS facility aims to liquefy and store around eight
million tonnes of biogenic CO2 over the first 10 years of
operation. The BECCS project is supported by the European
Innovation Fund, one of the world’s largest programs for
promoting innovative low-carbon technologies.
Air Liquide’s innovative Cryocap™ LQ technology,
leveraging Air Liquide’s mastery and expertise in cryogenics,
stands out with its chemical free, non-flammable
process and compact design. This cutting-edge setup will
also enable the recovery and reuse of heat generated from the
process in order to supply Stockholm’s district heating
network. These features allow enhanced sustainability
and safety as well as best-in-class energy efficiency
compared to traditional liquefaction solutions.
Philippe Merino, Group Vice President supervising
Engineering & Construction at Air Liquide stated: “We are
pleased that Air Liquide’s technology has been selected for the
Stockholm Exergi innovative CCS project. Cryocap™ LQ CO2
liquefaction technology is a new addition to Air Liquide’s
portfolio of low-carbon technologies, and is particularly suited to
large scale CCS projects. In line with Air Liquide’s strategic plan
ADVANCE, Air Liquide’s ambition is to contribute actively to the
emergence of a low-carbon society. Drawing on our innovative
capabilities and expertise we are able to help our customers
achieve their decarbonization goals and forge a sustainable
future.”
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 72 countries with
approximately 67,800 employees and serves more than 4 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 27.6 billion euros
in 2023. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50, FTSE4Good and DJSI Europe indexes.
www.airliquide.com Follow Air Liquide on
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