Öresundskraft advances INNOZHERO carbon capture project to investment
- Öresundskraft’s board approved the final investment decision on 30 September 2026.
- The project received €54.1 million from the EU Innovation Fund and about €22.8 million from the Swedish Energy Agency.
- INNOZHERO is expected to capture around 200,000 tonnes of fossil and biogenic CO₂ annually at Filbornaverket.
- Construction is expected to start towards the end of 2026; the project is the first EU waste-incineration CCS project to reach this investment milestone.
Investment decision and funding
Öresundskraft’s board approved the final investment decision for INNOZHERO on 30 September 2026, moving the project from development to implementation. Construction is expected to start towards the end of 2026. Funding includes a €54.1 million EU Innovation Fund grant and approximately €22.8 million from the Swedish Energy Agency.
Capture at Filbornaverket
The project will install a carbon capture and conditioning facility at the Filbornaverket waste-to-energy plant in Helsingborg. The plant processes around 220,000 tonnes of non-recyclable waste annually. INNOZHERO is expected to capture approximately 200,000 tonnes of fossil and biogenic CO₂ each year for transport and permanent underground storage. Capturing and storing biogenic CO₂ can generate carbon removals.
Expected impact
Over its first ten years of operation, the project is expected to prevent nearly 1.9 million tonnes of greenhouse gas emissions from reaching the atmosphere. It is also expected to support climate-neutral district heating and waste incineration in Helsingborg and help develop CO₂ transport and storage infrastructure for wider CCS deployment.
Source: European Innovation Fund