Capsol awarded feasibility study for carbon capture from energy-from-waste plant in Germany

20 Dec 2024 12:00 CET

Capsol Technologies has been awarded a feasibility study for the CapsolEoP® (End
-of-Pipe) carbon capture technology at an energy-from-waste (EfW) plant in
Germany. The study focuses on implementing a CO2 capture solution for a large
-scale operation.

Capsol Technologies aims to make carbon capture technology viable for more
emitters, accelerating the transition to net zero. The superior HSE (Health,
Safety and Environment) performance, and Capsol's carbon capture and heat
recovery system in one which returns waste heat to the district heating system
and increases energy efficiency, is what makes Capsol's solution particularly
attractive for biomass and EfW.

With 70% of global waste destined for landfills being potentially recoverable,
yet only 11% of this potential is currently being utilized, there's a
significant opportunity for waste recovery, according to Wood Mackenzie. This
provides a strong backdrop for growth for the EfW industry as government
policies are implemented. Energy-from-waste plants that use biomass as an input
factor can generate negative emissions credits from carbon capture and storage
(CCS) which can be utilized or sold, improving the economics of decarbonization.

"We are pleased to have been selected for this feasibility study building on our
expertise in biomass and energy-from-waste, and with one of the pioneers in
applying carbon capture on waste-to-energy plants. Globally, waste handling
represents a major source of greenhouse gas emissions and waste incineration
with CCS is part of transitioning to a circular economy," said Philipp Staggat,
Chief Product Officer of Capsol Technologies.

Capsol Technologies' traction within biomass and EfW to date:

· In total, Capsol Technologies has engineering studies and CapsolGo®
demonstration campaigns for EfW and biomass plants totaling a potential of more
than 7 million tons of CO2 to be captured annually.
· In December 2024, Capsol was awarded a feasibility study for an EfW plant in
France aiming to capture more than 150,000 tons of CO2 per year, of which
approximately 50% of the CO2 is biogenic, enabling negative emissions.
· In March 2024, Capsol signed a preliminary license agreement for KVA Linth's
EfW plant in Switzerland.
· Capsol has executed a CapsolGo® carbon capture demonstration campaign at
Öresundskraft's EfW plant Filbornaverket in Helsingborg, Sweden.
· Capsol has executed a 12-month CapsolGo® demonstration campaign for a major
German energy company, including a campaign at an EfW plant.
· Capsol has executed a CapsolGo® demonstration campaign at EEW's Energy from
Waste site in Hannover, Germany.
· In December 2023, Capsol was awarded a frame license agreement for using
CapsolEoP® at an EfW plant of a European utility.
· In October 2023, Capsol signed a contract for the delivery of two CapsolGo®
demonstration campaigns to be executed at Sumitomo SHI FW's client base. The
first campaign has been completed at Växjö Energi AB's Sandvik biomass plant in
Växjö while the second campaign commenced at Swedish Mälarenergi's combined heat
and power (bio-CHP) plant in Västerås, Sweden, in November 2024.
· In July 2022, Capsol was awarded a license agreement for using CapsolEoP® at
Stockholm Exergi's biomass-powered combined heat and power plant Värtaverket in
Stockholm, Sweden.

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For further information, please contact:
Ingar Bergh
Chief Financial Officer, Capsol Technologies ASA
+47 926 20 330

ingar.bergh@capsoltechnologies.com

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of
accelerating the world's transition to a net zero future. The technology
combines inherent heat recovery and generation in a stand-alone unit based on a
proven and safe solvent. Capsol's technology is licensed either directly to
customers or through industrial partners globally. Key segments include cement,
biomass, energy-from-waste and gas turbines. Capsol Technologies is listed on
Euronext Oslo Børs (ticker: CAPSL). For more information visit
capsoltechnologies.com.

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