Breakthrough orders in Sweden for SWESTEP
Last week orders were signed for two SWESTEP Plants in Sweden. The buyers are Hälltorp Recycling and Rez Power. This will have an impact on the recycling industry, and also in the energy sector at large.
Fredrik Hällstorp, CEO Hällstorp Recycling AB – ” This will make a big difference with a SWESTEP plant, which means that waste will be converted to new chemical products with a positive cash flow leading to a higher recycling rate and less material that will be sent to landfill. This will be good for the future and for the environment both nationally and globally ”.
Stefan Lithell, CEO at REZ Power AB, Sweden – ” Being able to access a technology that makes Swedish renewable diesel out of waste from plastic paper and wood that are also carbon dioxide neutral. To use a multiple better process than burning the waste, feels great and inspiring ”.
Karl Magnus Mattson CEO and founder of SWESTEP
together with Stefan Lithell – REZ Power.
For more information contact
Karl-Magnus Mattsson– Founder & CEO
Phone + 46 763 97 95 74
SWESTEP was invited by Scandinavian Partner LaB, on participating on a workshop on the EU project INTERREG Öresund, Kattegat, Skagerrak.
It turned out be an good, constructive and fruitful day with both new contacts and projects to follow up on.
Host of the event where for the event was SCANDINAVIAN PARTNER LAB is under the umbrella of INTERREG – Öresund, Kattegat, Skagerrak and the European Regional Development Fund.
On the picture from the left; JP Morgan Friberg Creative Director – New Business SWESTEP, Ole Langeland Pedersen – Consult and advisor INTERREG ÖKS / EU
Link to more information about Scandinavian Partner LaB – Click here
€6.3 billion in coal subsides undermine innovation needed for energy transition
Ten countries, responsible for 84 per cent of EU energy emissions hand over at least €6.3 billion in subsidies to coal every year, despite repeated promises to phase-out the fuel and transition to clean energy, finds UK thinktank Overseas Development Institute (ODI).
The ODI report, Cutting Europe’s Lifelines to Coal, suggests that Germany, the most transparent in subsidies data, accounts for almost half of the total subsidies looked at, including handing over €2bn in subsidies to coal mining. Italy, the Netherlands, France and Greece have between just two and four subsidies, meaning there is significant potential for them to be coal subsidy-free. Others, including the UK, scored poorly on transparency of coal subsidy reporting.
Head of the Climate and Energy Program at ODI, Shelagh Whitley, spoke to Daily Planet about how such practice is undermining renewables investment and innovation in managing energy demand.