31 May 2022
Cementa announces next phase in switch to fossil-free cement
At a press conference on Monday, Cementa announced that the company is moving forwards with its SEK 10 billion project to change the factory on Gotland from being one of Sweden’s biggest climate criminals to becoming fossil-free. By 2030 at the latest, the factory will go from producing the equivalent of 3-4% of Sweden’s CO2 emissions, to capturing CO2 from the atmosphere instead. This will be done by building a so-called CCS plant, capturing the GHG created when limestone is converted into cement, and permanently storing it under the bedrock in the North Sea. “This means that we create a carbon sink, so-called negative emissions. Concrete construction in Sweden will thus be climate-positive in 2030,” said Karin Comstedt Webb, Deputy CEO of Heidelberg Cement Sweden.
Neste collaborates with Circularise on circular supply chains
Neste and startup company Circularise have announced a partnership to produce circularise’s traceability software in circular supply chains for polymers and chemicals. The two companies will work together to establish digital solutions that track renewable and recycled material flows, which in turn will provide increased transparency in the supply chain.
SSAB and Alfa Laval to produce first heat exchanger with fossil-free steel
The two world leaders in heat transfer, separation and flow management, SSAB and Alfa Laval, have signed an agreement to collaborate on the development and commercialisation of the world’s first heat exchanger made of fossil-free steel. The goal is to have the first unit made of hydrogen-reduced steel ready by 2023. The collaboration is an important step in Alfa Laval’s journey towards becoming carbon neutral by 2030, which is also in line with SSAB’s goal of largely eliminating CO2 emissions from its operations by 2030.
Ørsted refuses to pay in rubles
In a press release, Ørsted announced that the company will refuse to meet the requirements of Gazprom Export, which is demanding Ørsted to pay in rubles instead of euros. “We are not obliged to do so under our contract and we have repeatedly informed Gazprom Export that we will not pay in Rubles, but in Euros.” There is now a risk that Gazprom Export will stop its gas deliveries to Ørsted, which the Danish company addressed by stating that a possible halt in gas deliveries from Gazprom Export will not have an impact on its expectations for the financial year of 2022 or on the announced expected investment level for 2022, nor does it affect Ørsted’s strategic ambitions or long-term financial expectations.
Vantaa Energy and St1 to cooperate on distribution of electric fuel
Vantaan Energy’s Electric Fuel Plant (P2G), which is scheduled to be completed in 2025, will produce environmentally friendly carbon-neutral synthetic gas for transport. Together with energy company St1, the two have now entered into a preliminary agreement on cooperation in the distribution of the produced gas which will be easily available to customers at St1’s service stations. St1’s goal is to start distributing liquefied and pressurised gas at its Finnish stations in 2023 and to build a nationwide distribution network in the coming years.
The first wind farm at Finland’s largest wind park is completed
The first wind farm at Finland’s largest wind park Mutkalammi, which has been under construction since last year, has now been completed. The electricity generated by the new wind farm has already been fed into the country’s national electricity grid. Once the whole wind park is finalised, the park will contain a total of 69 wind farms, hold a total capacity of 404 MW, and become the largest onshore wind farm in Finland.
What we’re reading
- EU agrees compromise deal on banning Russian oil imports (BBC)
- Australia’s AGL abandon’s demerger, reviews coal power, Chairman & CEO leave (Argus)
About Nordic Green News
The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we curate the stories of most relevance to international businesspeople and policy experts from the flow of news. Mundus Nordic Green Indices summarise the meta-data from our daily coverage to enable easy tracking of trends. We supplement these with our own opinion pieces and commentary.
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