View original ↗on southpole.com
deal · 7 September 2023
SWISS ↔ CO2 Energie AG
SWISS: a firm purchase of 21,800 t of bioenergy with carbon capture and storage removal from CO2 Energie AG.
BuyerSWISS (stated as Swiss Climate Cent Foundation)
SupplierCO2 Energie AG
Tonnes21,800 t
Capture pathwayBioenergy with carbon capture and storage
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionCO₂ capture and liquefaction at a biogas plant close to Zurich, with ~4360 tonnes of CO₂ captured annually. Liquefied CO₂ is transported to a geological storage site in northern Europe by truck, train and ship for permanent storage.
Storage descriptionGeological storage at a site in northern Europe
Delivery windowOver five years; system expected operational by end of 2025
Project locationBiogas plant close to Zurich, Switzerland; storage in northern Europe
VerificationSwiss Federal Office for the Environment (FOEN)
NotesSwiss Climate Cent Foundation guarantees purchase of CO₂ certificates with initial value of CHF 10 million until 2030. Project involves CO2 Energie AG (operator), Airfix (subsidiary of South Pole, coordinates CO₂ transport and storage supply chain), South Pole (climate company developing climate project), and Carbon Impact (carbon capture pioneers). This is the second carbon capture project for CO
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
Watch these companies, see every deal like this, or ask about it.
A free account searches the whole database and saves records. Pro adds Ask, a watch list, totals, exports and the plugin for Claude and ChatGPT. New accounts get 14 days of Pro, no card needed.