1 / 9

Preem and Carbon Capture: Investing in a Sustainable Future

Discover why an oil refiner like Preem is investing in Carbon Capture technology and infrastructure, and how it aligns with their vision for a sustainable society. Learn about Preem's commitment to renewable fuels, hydrogen production, energy efficiency, and their demonstration project for carbon capture.

judithd
Download Presentation

Preem and Carbon Capture: Investing in a Sustainable Future

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. How come an oil refiner invest in Carbon Capture technology and infrastructure? Preem and CCS

  2. Preem: In short ”One of Sweden’s most important energy suppliers 80% 50% 7/10 570 ofSweden’srefiningcapacity ofsupplied petroleum products in Sweden freight services in Sweden runs on Preem’s diesel service stations

  3. Preem’sClimateFootprint Emissions by Scope Indirect emissions that occur in value chain – mainly consumption Direct emissions from owned and controlled sources Indirect emissions from the generation of purchased energy Shateof emissions by Scope

  4. Preem’s vision The road map to a sustainable future… • 3 000 000 m3 renewablefuels by 2030 (1 500 000 m3 by 2024) • Renewable hydrogen production • Energy efficiency • CarbonCapture and Storage (CCS)

  5. Ideal Conditions for CCS LOCATION • Deep water access in both Lysekil and Gothenburg • Proximity enables a Skagerrak cluster and CO2 HUB for efficient logistics - from capture to storage Oslo INFRASTRUCTURE Lysekil • Preem has two large Hydrogen plants at each site where CO2 concentration is high • Excess heat, high potential for energy utilization with CO2 capturing Gothenburg

  6. Sweden’s largest demonstration project at Lysekil THE PROJECT SCOPE • Demonstration of carbon capture using Aker Solutions technology • Look into utilizing waste heat streams to reduce the primary energy requirements. • A policy and legislation review in also included in the project • Financing from both Norwegian GassNova and Swedish Energy Agency for a three year project • Demonstration of carbon capture at Lysekil’s Hydrogen Production unit, which will form the basis for a full scale carbon capture design TIMELINE COMING UP • The project started in the beginning of 2019. • The demonstration is planned for 2020, followed by project completion and reporting. • Take all learnings from this project into a pre-engineering study. This would start late 2021 / early 2022. • Final investment decision in 2022. • A CCS-plant could be ready in 2024. * Preem in collaboration with Chalmers University , SINTEF, Aker Solutions and Equinor

  7. Thankyou for the attention! “Preem’s vision is to lead the transition towards a sustainable society”

More Related