Climeon and Börsvärlden’s Five Quick Questions
Climeon's CEO, Lena Sundquist, sits down to answer five quick questions with Sweden-based financial news channel, Börsvärlden. You can read the original, Swedish version here, ...
INSIGHTS
Featured insights brought to you by the Climeon team.
OUR LATEST CONTENT
- All
- Climeon
- Geothermal
- Industrial
- Maritime
- News
- Oil and Gas
- Other Industries
- Power Stations
Climeon Signs 2.5 MEUR HeatPower 300 Order with HD Hyundai Heavy Industries for Maersk Container Vessels
The world's largest shipbuilder, HD Hyundai Heavy Industries (HD-HHI), has placed a 2.5 MEUR order for Climeon HeatPower 300 waste heat recovery systems to enhance ...
IMO Revised GHG Strategy 2023: What’s New?
In its first major revision since its adoption in 2018, the International Maritime Organization (IMO) has updated its GHG Strategy. On 7th July 2023, the ...
Climeon Visits NEO GROUP to Prepare for HeatPower 300 Installation
The Climeon team has visited NEO GROUP's PET resins and Polyol production plant to initiate the planning phase of its upcoming HeatPower 300 installation. As ...
WHITE PAPER: Maximizing Sustainable Power Outputs
In our latest White Paper, we examine the factors that affect on-board sustainable power outputs and assess how a vessel's operational profile impact max. power ...
Climeon Signs 1.1MEUR Order for HeatPower 300 to Support Sustainable Energy Transition in Lithuania
Climeon's HeatPower systems will be integrated into the UK's first carbon-neutral flexible power plant to maximize efficiency and increase the output of clean, sustainable energy. ...
HeatPower Delivers Clean, Flexible Energy at UK’s First Carbon-Neutral Power Plant
Climeon's HeatPower systems will be integrated into the UK's first carbon-neutral flexible power plant to maximize efficiency and increase the output of clean, sustainable energy. ...
What is Industrial Waste Heat Recovery?
Industrial waste heat recovery (WHR) is the process of capturing the waste heat generated by industrial processes and repurposing or reusing it. Industrial processes typically ...
Climeon’s CEO, Lena Sundquist, Talks Accelerating Net-Zero in Climate Perspectives
In the Spring issue of Climate Perspectives magazine, Climeon's CEO, Lena Sundquist, explains how waste heat recovery (WHR) can bridge the gap between high emissions ...
EU ETS Shipping Carbon Tax Announced
Following historic negotiations, the EU's Emissions Trading Scheme (ETS) is being expanded to include new sectors, including the shipping industry. Until now, EU ETS maritime ...
Can Geothermal Energy Deliver Renewable Heat?
Everyone is well aware of the need for renewable power, but people aren't always aware of where renewables are most needed. As our focus is ...
Is Waste Heat the Key to Safeguarding the Sustainable Energy Mix?
Energy has been top of the agenda since the announcement of the European Green Deal but Europe's commitment to net-zero has been somewhat overshadowed by ...
Climeon’s HeatPower 300 Awarded Seatrade Cruise Product of the Year
Climeon's recently launched HeatPower 300 Marine has been selected as Product of the Year at the Seatrade Cruise Awards 2022. The Seatrade Cruise Awards celebrates ...
Climeon Launches HeatPower 300 Marine on the Maritime Market
Designed by maritime engineers, Climeon's latest waste heat recovery technology, HeatPower 300 Marine, is set to improve energy efficiency across the shipping industry. Converting onboard ...
Climeon Talks to World Cruise Industry Review
Climeon's Product and IP Manager, Alexandra Widelund, sits down with World Cruise Industry Review (WCIR) to talk HeatPower, sustainability and energy efficiency in the cruise ...
Climeon named as Finalist for Product of the Year at STC Awards
We're delighted to announce that Climeon's HeatPower 300 Marine technology has been selected as a Finalist for Product of the Year at the Seatrade Cruise ...
Responsible Tourism: Can Cruise Ships Deliver Sustainable Travel?
Welcoming a record 29.7 million passengers in 2019, the cruise industry caters for a significant number of travelers each year and is one of the ...
Climeon Partners With U.S.-Based Technonaval Strengthening Global Maritime Market Presence
Climeon is pleased to announce a new partnership with Florida-based, marine solutions provider, Technonaval. With more than 30 years' experience in the cruise industry, Technonaval ...
Climeon Partners with Technical Marine Solutions
Climeon is pleased to announce a new sales partnership with Technical Marine Solutions GmbH (TMS), an experienced sales and service provider of marine systems and components, ...
Climeon Announces Partnership with Consilium Italy S.R.L.
Climeon is happy to announce that Consilium Italy S.R.L will now be our Marine Partner for Italy, Southern France, Monaco, Croatia, and Switzerland. Consilium Italy ...
Improve EEDI Ratings with Climeon HeatPower 300 Marine
Commissioning a new vessel allows operators to expand their fleet and increase profitability with additional resources but the design of a ship has a major ...
ISWG-GHG 12 Plans Mid-Term Emissions Reduction Proposals
At the recent 12th session of the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 12), the Group committed to developing a ...
Climeon Introduces HeatPower 300 to the Cruise Industry
Climeon AB will introduce the next generation of Climeon HeatPower, the Climeon HeatPower 300 Marine, to the cruise industry at Seatrade Cruise Global in Miami, ...
WHITE PAPER: What is Heat Power?
And How Can It Increase Energy Efficiency in the Shipping Industry? Waste heat recovery (WHR) can transform industries by reducing emissions and fuel usage, but ...
Waste Heat Recovery for EEXI Compliance?
The Energy Efficiency Existing Ship Index (EEXI) comes into force later this year, putting shipowners under increasing pressure to comply with new regulations. With most ...
Can Waste Heat Recovery Mitigate the Impact of Global Stilling?
Renewables only account for around 11% of the energy currently used worldwide, but increasing awareness of the climate crisis and the pledge to reach net ...
Climeon Producing Heat Power On Board Maersk Vessel
Last month, we announced that Climeon's Heat Power System is up and running on board a Maersk container vessel! Read on to learn more about ...
Climeon: 2021 in Review
It's been a busy year at Climeon HQ and, as we approach the festive season, it's the perfect time to take a look back at ...
ICS Global Carbon Levy
ICS Endorses 'Global Carbon Levy' In a bid to speed up the decarbonization of the shipping industry, the International Chamber of Shipping (ICS) has confirmed ...
Climeon in Collaboration for Net-Zero Solutions in the UK
Today, VH Global Sustainable Energy Opportunities plc ("GSEO"), a London-listed investment company advised by Victory Hill Capital Advisors LLP ("Victory Hill"), announced a commitment to ...
Making Headway with Remote Factory Acceptance Tests
After more than a year of Covid restrictions, we've all learned to adapt to new ways of working. In many ways, the difficult conditions brought ...
IEA Report: Clean Energy Investment Boom to Lift Global Economic Growth
In May, the International Energy Agency (IEA) published their Net Zero by 2050 report, a comprehensive study of how to transition to a net zero ...
Decarbonizing Long-Distance Shipping – Kicking Off the CHEK Research Project
The consortium consists of the University of Vaasa, The World Maritime University, Wärtsilä, Cargill, MSC Cruises, Lloyds Register, Silverstream Technologies, Hasytec, Deltamarin, BAR Technologies and ...
Climeon commissions additional HeatPower modules in Flúðir power plant
Climeon has commissioned four more Heat Power modules in Varmaorka's power plant in Flúðir, Iceland. This expands the power plant's maximum capacity from 600 kW ...
Climeon completes second sea trials with Virgin Voyages and Fincantieri
Climeon’s Heat Power modules have successfully passed the sea trials for Virgin Voyages’ second ship, Valiant Lady. Climeon has passed a new milestone as Virgin ...
Climeon commissions second power plant in Iceland
Climeon has commissioned its second installation together with Varmaorka in Iceland, a geothermal power plant in Reykholt. The power plant has a capacity of 300 ...
Climeon wins the Royal Swedish Academy of Engineering Sciences’ award for Smart Industry
Climeon has today won first prize in the Smart Industry competition, awarded by the Royal Swedish Academy of Engineering Sciences (IVA). Climeon is awarded for ...
How waste heat and geofluids heat can help decarbonize the Oil and Gas industry
In this webinar from the Institution of Mechanical Engineers (IMechE) Oil, Gas and Chemicals Committee, Climeon's Head of Sales Sustainable Oil & Gas Solutions, Laure ...
Why we want to make gensets more energy efficient
You’ve probably heard about Climeon’s ability to generate energy from geothermal heat. But even if you are a big fan of our technology, you might ...
Climeon wins The Industry’s Award at Techarenan Challenge
Climeon has won The Industry's Award at Techarenan Challenge, a competion for the Nordic region's leading startup and growth companies. Techarenan Challenge is being arranged for the ...
Small power plants reducing losses in the power distribution system
In 2018, Climeon and Varmaorka started building their first geothermal power plant in Flúðir in Iceland. Now the power plant has been producing electricity for ...
How to balance the grid with gensets while decreasing emissions
Late 2019, Climeon won its first order for power plants based on reciprocating engines, so called gensets, a growing business with large potential for waste ...
New pilot solution to increase energy efficiency in the maritime industry
In 2015, Viking Line became the first company in the world to install a Climeon Heat Power module to utilize the waste heat from the ...
Japan is about to close 100 coal plants – here’s what to replace them with
In 2018, coal-fired power accounted for 32% of Japan's total power generation, followed by natural gas-fired power generation at 38%. Japan has 140 coal power ...
A symbolic power plant proving the synergies of Onsen and Heat Power
In late April, in the midst of the on-going pandemic, Climeon commissioned its first geothermal installation in Japan. The first installation was a bottoming cycle ...
Climeon Close Up 2020
For Climeon and many of our shareholders, the Annual General Meeting and the following event is the highlight of the investor year. For us in ...
Why Geothermal power plants need to be modular, scaleable and standardized
Traditional geothermal plants, both binary and steam-turbine-based, have followed a familiar strategy of implementation for many years. A step-by-step roadmap from identifying and assessing the ...
April 24th 2020 – A milestone for us at Climeon
April 24th was a milestone for us at Climeon. Our, Climeon’s, first Heat Power system in a geothermal power plant in Japan has successfully been ...
Three Ways of Lowering Oil Refineries’ Carbon Footprint
Refining is one of the oldest industrial processes in the world. Crude oil has been distilled for centuries by the Persians and other Middle Eastern ...
Geo40, Climeon & Baseload Capital – Business for a Better World
A deep dive into our possibilities How has geothermal energy been used so far? What have the challenges been in utilizing geothermal energy? What possibilities ...
Burning Empty Calories – Energy Waste in Food Processing
What is a genset A genset consists in short of a reciprocating engine connected to a generator. The internal combustion engine generates the rotational force ...
Could Green Coal Be Produced with Heat Power?
What is a genset A genset consists in short of a reciprocating engine connected to a generator. The internal combustion engine generates the rotational force ...
The #1 Problem Preventing Islands From Becoming Energy Independent – And 3 Creative Solutions
Electricity prices on islands are among the highest in the world.[i] That's because many island societies rely heavily on imported diesel, natural gas, and coal to ...
Are oil producers overlooking this low-hanging fruit?
How the oil and gas industry could capitalize on its latent geothermal resources The DOE pointed out in its report on geothermal energy this spring that, beneath ...
Recovering Waste Heat from Genset Power Plants
What is a genset A genset consists in short of a reciprocating engine connected to a generator. The internal combustion engine generates the rotational force ...
Benefits of Decentralized Heat Power in the Electricity Grid
Electricity as a Product Few products are as unique as electricity, it is unique in the way that it isn’t. Any produced kilowatt hour (kWh) ...
Climeon one of 100 innovations with greatest potential to reduce carbon dioxide emissions
Climeon has been selected as a top 100 innovative solution provider with a large potential to significantly reduce carbon dioxide emissions by Mission Innovation, a ...
Committed to the future and sustainable shipping?
The Maritime Industry is highly affected by the upcoming 2020 regulations, increased fuel prices and the environmental awareness of the end customers and their demand ...
Two month trial period has come to an end – Iceland
Recently, we ended a two month evaluation period of the first geothermal site in Iceland with great results. "I am happy to say that we ...
Is the Maritime industry ready for 2020?
A follow up on green-tech and fuel options About one year ago I wrote an article on fuel options and other ways ship owners could reduce fuel ...
Waste heat is everywhere – Let’s put it in use
Waste heat is everywhere. Every time an engine runs, a machine clunks away, or any work is done by anything, heat is generated. That’s a ...
Iceland- Small Power Plants changing local societies
In Iceland there are great opportunities to use geothermal water, but now people are pushing for smaller power plants. Therefore, Climeon’s small modules fit well, ...
Japan – A fantastic opportunity for all involved
A difficult energy situation, high electricity prices and lots of easily accessible hot water makes Japan one of Climeon’s most prioritized markets. In 2018, Climeon ...
Who will benefit from heat power?
“When I think about the heat power industry today, it reminds me of when solar power was new. Everyone was excited and you could immediately ...
Breakthrough Energy Ventures collaborates with Climeon to accelerate deployment of geothermal heat power
Breakthrough Energy Ventures, an investor-led venture fund backed by some of the world’s top business executives, has invested in Baseload Capital, the private investment company ...
Climeon completes a directed new share issue of 3,000,000 class B shares, raising proceeds of SEK 249 million
The board of directors of Climeon AB (publ) (”Climeon” or the ”Company”) has, as communicated in the Company’s press release earlier today, resolved to carry ...
Climeon wins repeat order from Fincantieri
Climeon has received an additional order from the Italian shipbuilder Fincantieri of Heat Power modules worth EUR 1.5 million. The Heat Power modules will be ...
Climeon featured in Arnon Magazine
Climeon was recently interviewed and featured in Arnon Magazine, one of our supplier’s magazine that highlights the innovations and solutions that make the world a ...
Climeon’s partly-owned company Baseload Capital issues green bond of SEK 500 million
Baseload Capital, an investment company which Climeon owns 15.7 percent of, has issued its first green bond. In total, SEK 500 million is issued to ...
First geothermal site approved by customer
https://climeon.com/wp-content/uploads/2019/06/SAT-varmaorka-Anna.mp4 Climeon has received its first geothermal site approval from Varmaorka. Kopsvatn 1, outside Fludir, it is the first geothermal power plant that uses ...
Climeon founder named Swedish person of the Year, Innovation
Our CEO and founder Thomas Öström was namned "Årets Svensk" (Swedish person of the Year) in the innovation category for 2018 by the magazine Fokus. ...
Thomas Öström on Climeon’s Q3 report 2018
Our CEO Thomas Öström talks about our interim report for the third quarter 2018. Find the full report here: https://climeon.com/investor-english/?type=single&title=interim-report-for-the-period-january-1-september-30-2018&encrypted_id=1CE8EA05588AD5A6#cision-table
First electricity produced at Fludir geothermal plant, in Iceland
We reached a milestone recently - the first electricity produced at Varmaorka's geothermal heatpower plant Fludir. A very proud CEO, Thomas Öström, talks about what ...
Climeon wins Japan innovation prize – CEO Thomas Öström comments
Last week we won the Japanese innovation prize “Top 10 Innovation” at Innovation for Cool Earth Forum (ICEF) in Tokyo, hosted by the Japanese Government. ...
What winning the E-prize in 2016 has meant for Climeon
Two years ago we won the biggest energy prize in Sweden, Veckans Affärer's E-prize. Yesterday our CEO Thomas Öström talked about what the prize meant ...
Why modularity is a game changer for geothermal power plants
Low-temperature geothermal resources has the potential to provide large amounts of clean electricity. And it's the modularity of our Heat power systems that can make ...
Geothermal potential in Iceland
Geothermal heatpower has a huge potential in Iceland and local heatpower operator Varmaorka is in a great position to benefit from this. Ruben Havsed, Head ...
Electricity as a Service in the Maritime industry
Turning waste heat into clean electricity means the Maritime industry can increase energy efficiency. And it can be done without large up-front investments.
Japan: Climeon at the center of a major energy transformation
It’s been said before, but Japan urgently needs to restructure its energy mix. The nuclear plants are still closed after the Fukushima incident and there ...
A new model for efficient shipping: Electricity as a Service (EaaS)
With the growing concern about the state of our oceans, a great deal of attention is being directed at the maritime industry. Ship owners today ...
Why Climeon was made a Bloomberg New Energy Pioneer
In April Bloomberg New Energy made Climeon a New Energy Pioneer - a great honor. While in New York our CEO Thomas Öström and CRO/CMO ...
Ann Linde on site when Climeon delivers the first Heat Power modules in Iceland
Today, Climeon hosted a delivery ceremony as the first Heat Power modules were delivered to Varmaorka in Iceland. At the ceremony, Minister for EU Affairs ...
Climeon obtains doubled order worth 65 MEUR
Climeon has signed an agreement with Icelandic Varmaorka to expand the existing order to a value of about 65 MEUR, from just over 30 MEUR. ...
How will the Maritime industry deal with the 2020 Sulphur Regulations?
The International Maritime Organization (IMO) has adopted stricter regulations on emissions, most prominently restrictions on Sulphur oxide (SOx) emissions, that will come into force first ...
“I am a Cement Plant Manager and I only pay for the produced electricity”
The cement manufacturing process is an extremely energy intense process. You can basically say that energy is the raw material for cement. The entire industry ...
Japan’s huge geothermal potential, or why Climeon is going there
Currently more than 90% of all primary energy consumed in Japan is imported. And for the most part it’s coal, natural gas and oil. The ...
The power of co-produced fluids
Using water from oil and gas production to generate electricity SUMMARY Each year, oil and gas producers spend billions of dollars on water disposal. This is ...
Företagspresentation på Avanza Börsdag
Vår VD Thomas Öström och COO Christoffer Andersson presenterade Climeons verksamhet och utveckling på Avanzas Börsdag 23/5 2018. De berättade om hur företaget ska nå sina mål, vad ...
Why Climeon can be the Number 1 climate solver
Our CEO Thomas Öström talks about the future of energy and climate change. And why Climeon has the three things needed to impact this - ...
Climeon is a Bloomberg New Energy Pioneer
Every year Bloomberg New Energy Finance goes hunting around the world for companies that are game-changers in the field of clean energy technology and innovation. ...
Climeon wins breakthrough geothermal order in Germany
Order for 16 heat power units to be delivered within 12 months Breakthrough in Germany and proof of the geothermal heat power segment Will deliver ...
The Top 5 Global Container Shipping Companies and their 2020 Sulphur Cap initiatives
Container shipping - the world's first, truly global industry. It connects countries, markets, businesses and people, allowing them to buy and sell goods on a ...
Climeon steps up – first volume order approved for delivery
Climeon achieved a key milstone when successfully passing the Factory Acceptance Test of the first volume order. The first six Climeon Heat Power units, out of ...
Press release – Climeon receives award at “Green Shipping Rotterdam Summit”
Climeon receives award at “Green Shipping Rotterdam Summit” On the first day of “Green Shipping Rotterdam Summit” Climeon was, by audience election, awarded as "The most ...
Climeon listed on Nasdaq First North Premier today!
“As a listed company on Nasdaq First North Premier, Climeon enters the next part of our journey,” said Thomas Öström, Founder and CEO at Climeon. ...
Cheaper than Solar PV? Why low temperature Heat Power makes sense
Industrial production sites usually have large quantities of waste heat in their processes, much of it at a temperature too low for utilization in conventional ...
Profitable Distributed Geothermal Energy through Climeon Heat Power Systems
In August 2017, Climeon received its first order within the geothermal segment from the Icelandic company CP Energy. The order comprises a total of 100 ...
Climeon AB receives a conditional 300 MSEK order to produce distributed geothermal electricity in Iceland
Climeon AB has entered a collaboration with Icelandic CP Energy Holding regarding a conditional order, subject to certain terms and financing being acquired, to deliver ...
Climeon takes another major order from large Scandinavian passenger ferry operator
Thomas Öström, CEO at Climeon, comments: “We are happy to see that one of our first customers have chosen to place a repeat order for a ...
Why Scanship and Climeon are co-exhibiting at this year’s SMM maritime trade fair
The largest gathering in the maritime world – SMM, the international trade fair that takes place every other year in Hamburg – is soon upon ...
Climeon heading towards the stock exchange
The super contractor has already given his blessing. Now Climeon, with its unique energy solution, is aiming at the stock exchange. "We thought it was a ...
Why is the energy transformation so slow?
Global warming is a fact. There is now no doubt at all that CO2 emissions, caused mainly by fossil-based energy, are the villain. Melting ice ...
Swedish forerunner Climeon part of International Clean Tech Hub in San Francisco
Today, on Tuesday April the 18th, the Swedish minister Isabella Lövin inaugurates a Swedish cleantech hub in San Fransisco. The Cleantech hub is initiated by ...
Reality check – What does 100% carbon neutral actually mean?
As a consumer, I value when companies set aggressive environmental targets such as “100% carbon neutral” and I’m even more delighted when companies announce they ...
Climeon on The 33-list, third year in a row!
In 2017, the prestigious 33-listan or 33-list celebrates 10 years. Over 190 Swedish tech companies have been on the list over the years including Yubico, Spotify ...