Aker Carbon Capture ready to start CCUS project at Twence's waste-to-energy plant in the Netherlands

Aker Carbon Capture ready to start CCUS project at Twence's waste-to-energy plant in the Netherlands

19 Nov 2021 07:00 CET

Aker Carbon Capture is preparing to deliver a Just CatchT modular carbon capture
plant to Twence's waste-to-energy plant in Hengelo in the Netherlands, after the
Dutch waste management company announced it is ready to start up the project.

Twence converts 1 million tonnes of waste-to-energy every year, supplying more
than 100,000 people in the eastern part of the Netherlands with heating and
electricity. The company's CCUS (Carbon Capture, Utilization and Storage)
project is designed to support the country's progress towards the Paris
agreement goals.

As previously communicated, the European Commission in August found EUR 14.3
million Dutch investment aid to Twence for the CCUS facility to be in line with
EU State aid rules.

The plant is expected to commence operations at the end of 2023.

"We are pleased to see that Twence has taken the decision to realise this
project with delivery of our compact and modular carbon capture plant. After
working closely with Twence since 2018, we are ready to implement our technology
and execution skills to the benefit of the company and the residents of
Hengelo," said Valborg Lundegaard, Chief Executive Officer of Aker Carbon
Capture.

The Just Catch standardized carbon capture plants are easy to fabricate,
transport, install and operate, with compact design and short delivery times.

"Together with Aker Carbon Capture, we are ready to take the next step:
constructing a large-scale plant that can capture 100,000 tonnes of CO2 per
year," said Marc Kapteijn, Managing Director of Twence.

Once the CO2 is captured and liquefied, it will be supplied by road tankers to
users such as nearby greenhouses, where it will increase the yields of plants
and vegetables. This supply replaces emissions from the traditional method of
producing CO2 for greenhouses: burning fossil fuels.

"This also gives us the opportunity to not only supply liquid CO2 to greenhouse
horticulture, but also to use it in other sectors, such as in the food industry,
for the mineralisation of building materials, in the chemical industry or as a
biofuel. With this plant, Twence will be contributing to a CO2-neutral
environment," said Kapteijn.

ENDS

Media contact:
Ivar Simensen, mob: +47 464 02 317 (http://tel:+47 464 02 317), email:
[email protected]
Investor contacts:
David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:
[email protected]
Christian Yggeseth, mob: +47 915 10 000 (http://tel:+47 915 10 000), email:
[email protected]

Aker Carbon Capture is a pure-play carbon capture company with solutions,
services and technologies serving a range of industries with carbon emissions,
including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen
segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a
unique, environmentally friendly solution for removing CO\2\ emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect
with us on LinkedIn (https://www.linkedin.com/company/aker-carbon
-capture), Facebook (https://facebook.com/akercarboncapture),
Twitter (https://twitter.com/akercarbon),
Instagram (https://www.instagram.com/akercarboncapture/) and
YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press
release may include forward-looking information or statements and is subject to
our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).

More information:
Access the news on Oslo Bors NewsWeb site

Source

Aker Carbon Capture ASA

Provider

Oslo Børs Newspoint