Page 7 - Stockholm-Exergi-2021-in-brief

"IT’S UNBELIEVABLY
INSPIRING TO BE
THE COMPANY
THAT TAKES THE
INITIATIVE AND
SHOWS THE WAY"
EUR 1.1 billion. This decision is not about us
as a company, or Sweden’s opportunities to
create a new export industry; rather, it de-
monstrates that this is a European issue. It is
unbelievably inspiring to be the company that
takes initiative and shows the way.
In the autumn, Ankhiale became our new
co-owner. Ankhiale has a well-defined sus-
tainability agenda, they are committed for
the long-term, and they share our values
and business orientation. They are an owner
that will continue to support the journey that
Stockholm Exergi has begun. Together with
our other owner, the City of Stockholm, we
have ownership stability and a full mandate to
push ahead in the sustainable direction that
we have set out. 2021 clearly highlighted the
importance for the solutions that Stockholm
Exergi can deliver to society. We have several
more exciting years of progress ahead on our
journey towards achieving our goal of being a
climate-positive business by 2025.
At the end of February 2022, we were forced to
witness with dismay the geopolitical instability
escalate in the wake of the Russian invasion of
Ukraine. Uncertainty, not least in the energy
markets, is unlikely to diminish. We are carefully
assessing the effects the development may
have on the company’s operations in the short
and long term, and will adapt our plans and
activities accordingly.
CEO
7
KEY EVENTS 2021
Highlights of
the year
• In January we oficially became the first Swedish
company to join the electronic biofuel market-
place, Baltpool.
• The new boiler at our Högdalen plant entered
service, has had a high degree of availability and
also passed the first revision.
• In April, our Brista sorting plant was inaugurated
in a joint digital ceremony with SÖRAB.
• Stockholm Exergi, Täby municipality and E.ON
announced in April that we intend to establish
a joint company to combine the existing district
heating networks in Täby.
• The year’s customer satisfaction survey (NKI)
showed that we have gone from a rating of 66.3 to
72.4 in three years. The improvement on the year
was 0.9.
• Fortum announced on June 30th that it intended
to sell its share in Stockholm Exergi to the Ankhiale
consortium, consisting of APG, Alecta, PGGM,
Keva and Axa. The transaction was completed on
September 20th.
• At the beginning of November, Stockholm Exergi
participated in COP26 in Glasgow. Negative emissions
were on the agenda and interest in projects such
as Stockholm Exergi’s BECCS was considerable.
• On November 16th, the EU Innovation Fund
announced that our project to build a full-scale
BECCS plant was one of seven European projects
that will share in funding worth EUR 1.1 billion.
• In December, the Swedish government took
the key step of introducing operational support
for BECCS.
• New sales of district heating amounted
to just over 62 GWh for the year.