2021-02-03 17:52Press release

Mundus Nordic Green News – 3 February, 2021

Mundus Nordic Green News

Swedish pilot project sees good results for production of renewable aviation fuel

By capturing CO2 from cogeneration plants and then adding hydrogen, it is possible to produce aviation fuel with up to 86% less CO2 emissions than fossil alternatives. The fuel can also be produced at a competitive price, according to a research project undertaken by IVL Swedish Environmental Institute, the energy company Jämtkraft, Chalmers and Lund University.

 

In the project, Jämtkraft's combined heat and power plant outside Östersund captured CO2 from the plant’s chimney, mixing it with hydrogen produced from renewable electricity to produce electric fuel that can be used in the existing aircraft fleet. The project has been completed and the results will be used in the continued work. The goal is to have a plant in Östersund ready for the production of renewable electric fuel within 5 years.

 

H&M’s Sellpy to enter two new EU markets

The H&M-owned second-hand platform Sellpy is expanding internationally into the Netherlands and Austria, with the help of H&M's existing operations. H&M began its investments in Sellpy in 2015, through its investment company CO: LAB, and has steadily grown its ownership in the company, becoming majority owner in 2019. In total, H&M has invested SEK 180 million into Sellpy. In 2019 the company reported sales growth of almost 70% to SEK 197 million.

 

Swedish Government commissions a national hydrogen strategy

The Swedish Government has instructed the Swedish Energy Agency to develop a proposal for an overall strategy for hydrogen. The goal of the strategy and proposed measures is to develop and take advantage of the opportunities with hydrogen and electric fuels and facilitate the transition to fossil-free. The assignment must be reported no later than 31 July 2021.

 

Note, last week Nordic Green News reported that Fossilfree Sweden had just published a hydrogen strategy. Whilst it is curious that the government would ask for a second version, it could be inferred that the Swedish Energy Agency needs to give an official blessing to something that has already been agreed.

 

Wind power grows to 10% of Finland's electricity consumption in 2020

During 2020, more than 300MW of new wind power capacity was built in Finland, up by almost a third on 2019. About 10% of Finland’s electricity consumption in 2020 was already covered by wind power. The growth prospects for the wind power sector are staggering, with a record amount of wind power capacity expected to be completed in 2021, almost 1,000 MW, according to Anni Mikkonen, CEO of the Finnish Wind Power Association. Most of the wind turbines built in 2020 have been built on market terms, without state financial support. 

 

PowerCell Sweden launches new PowerCellution brand

PowerCell is now launching the PowerCellution brand for the company's fuel cell products and services. The brand has been developed to clarify the company's development towards more of a supplier of system and solution-oriented offers.

 


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 clip the stories of most relevance to international businesspeople and policy experts from the flow of news. We supplement these with our own opinion pieces and commentary, in English. Mundus was founded in 2012 to provide information and analysis to embassies accredited to Sweden. Today, we deliver news, analysis and media monitoring of the Nordic countries to the international community in the Nordics.