5 May 2022
Yara to list ammonia business on stock market
Yesterday, the Norwegian fertiliser giant Yara announced that the company is listing its ammonia business Yara Clean Ammonia, established in 2021. “We believe that there is great value in the existing business and the growth opportunity associated with it. At Yara Clean Ammonia, we have an existing business where we are well positioned to deliver on very specific projects and drive new projects and customer segments”, said Magnus Krogh Ankarstrand, CEO of Yara’s Clean Ammonia.
Swedish Biofuels and COWI sign supply agreement on SAF
Swedish Biofuels and COWI have signed an agreement to supply the Swedish market with 400,000 tonnes of sustainable aviation fuel (SAF). Swedish Biofuel’s technology is based on the “Alcohol to Jet” method (ATJ) for the production of the fuel that can completely replace fossil aviation fuel. The first facility will be built in Brista near Arlanda. Deliveries of the fuel are expected to start in 2025 and will become the first commercial production of sustainable aviation fuel without interference.
IMAE and Wyld Networks sign agreement for IoT devices for wind turbine application in Brazil
Wyld Networks recently announced that the company has signed an agreement with IMAE for the use of its Wyld IoT sensor-to-satellite solution in conjunction with IMAE’s wind turbine technology in the Brazilian power supply sector. IMAE will conduct a pilot project using Wyld’s technology and sign a commercial agreement.
SCB presents increased use of bioenergy in all sectors of society
Statistics Sweden (SCB) has recently compiled a diagram of how bioenergy has increased in all sectors of society over the past 12 years. Svebio blogs a glowing welcome of the report, stating that while everyone is focused on either nuclear- or wind power, bioenergy tends to be forgotten. According to SCB’s diagram, there was already a relatively high share of biofuels in households, mostly in regards to heating with solid biofuels, such as wood. However, a sharp increase of biofuels can now also be found in the transport industry, as well as the construction and areal industries; with the high CO2 tax and expensive emission rights as contributing factors. The other day, PEAB announced that the company has reduced the climate impact from its asphalt by 65% via its use of bioenergy.
Klimatklivet wants to see more investments in biogas
Since the start in 2015, Klimatklivet has in total provided support for investments that increase Swedish biogas production by 1.5 TWh, corresponding to 60% of the country’s production of 2.2 TWh. A large part of the biogas produced in Sweden is currently being used for the green transition in the transport sector, but there is also potential in using biogas for the transition in sectors such as shipping and industry. At the same time, investments in biogas has helped reduce the need to import fossil fuel from Russia to Sweden. As a result, Klimatklivet has decided to deem investments in biogas as one of its main priorities for 2022.
Svenska kraftnät seeks 800 experts in offshore wind power
In order to cope with the ongoing green transition, the state-owned Svenska kraftnät has decided that it needs to employ 800 people over the next 3 years. Among the 800 people, the company is mainly looking to employ engineers, IT specialists, and licensing officers.
PowerCell receives order from Kaizen Clean Energy
PowerCell Sweden AB has received an order for a 200kW fuel cell system from the American company Kaizen Clean Energy. The system will use hydrogen produced by local reforming of methanol and be built into a mobile solution for micro-electricity networks that can be used for charging electric vehicles, hydrogen refueling and backup of critical system. The system is expected to be delivered in September 2022.
Nel receives order for alkaline electrolyser system
Nel ASA has received a purchase order from an undisclosed Indian refinery for an alkaline electrolyser to provide hydrogen for oleochemicals production. The Indian company is, however, said to be a leader in the palm oil refining business and production of oleochemicals. The purchase order has a value of EUR 2 million and delivery of the equipment is expected to occur mid-2023.
What we’re reading
- Race to cut carbon emissions fuels climate tech boom (Financial Times)
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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