Swedish constant current energy storage bidding

When is the Swedish electricity storage & balancing centre conference?

The conference will be held at Hotell Botanika in Uppsala on 15-16 October and will contain presentations from international scientific advisors, companies and researchers, poster presentations, mingling and group discussions. This is the official website of Swedish Electricity Storage and Balancing Centre.

Is Sweden ready for bio-CCS?

Financial aid Sweden is now also especially well-positioned for bio-CCS as the government enacted Regulation (2024:626) on state aid for the capture, transport, and storage of biogenic CO2 came into force in August this year.

How is CO2 storage regulated in Sweden?

The assessment method is thoroughly regulated and includes risk assessments, exposure evaluations, and identification of potential leakage effects. CO2 capture and storage require an environmental permit under the Swedish Environmental Code. Additionally, a permit under the Act on the Continental Shelf will typically be required for CO2 storage.

Does Sweden offer financial aid for CCS projects?

The Energy Agency aims to make a first allocation before the end of this year. Besides the bio-CCS aid, financial aid for CCS-projects in Sweden is available through the Swedish government’s Industrial Leap program (Industriklivet), also managed by the Energy Agency.

Does Swedish state aid cover transport and storage costs?

The state aid will cover costs for capture, transport and storage during a binding period of 15 years. In the report, the Swedish Energy Agency has deemed reversed auctioning as the most cost-effective support system. It is also considered to be compatible with EU state aid rules.

Does Sweden need state aid for BECCS?

However, as BECCS is not economically feasible at present, state aid is needed to continue development. The Swedish Energy Agency is proposing a support system for BECCS in the shape of reversed auctioning.