HOW IT WORKS INDUSTRIES ▾ INSIGHTS INVESTOR ▾ ABOUT US ▾ CONTACT US INSIGHTS OUR LATEST CONTENT Featured insights brought to you by our Climeon team. AllClimeonGensetsGeothermalMaritimeOil and GasOther Industries ICS Global Carbon Levy By Climeon | November 8, 2021 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 By Climeon | September 9, 2021 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 By Climeon | August 31, 2021 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 By Climeon | July 9, 2021 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 By Climeon | June 18, 2021 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 ... The Next Generation of Climeon Heat Power By Climeon | May 20, 2021 Enabling our customers to become leading climate solvers, while increasing their profitability has served as a guiding principle throughout the development of Climeon's Heat Power system. In ... Climeon commissions additional Heat Power modules in Flúðir power plant By Charlotte Becker | April 13, 2021 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 By Charlotte Becker | March 31, 2021 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 ... How waste heat and geofluids heat can help decarbonize the Oil and Gas industry By Laure Mora | January 14, 2021 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 By Climeon | December 21, 2020 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 By Charlotte Becker | November 19, 2020 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 By Climeon | August 9, 2020 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 By Climeon | August 2, 2020 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 By Climeon | July 20, 2020 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 By Charlotte Becker | July 13, 2020 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 By Thomas Öström | July 8, 2020 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 By Charlotte Becker | June 1, 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 By Ruben Havsed | May 28, 2020 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 By Climeon | May 18, 2020 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 By Laure Mora | May 14, 2020 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 By Climeon | March 3, 2020 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 By Carl Palmén | February 24, 2020 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? By Carl Palmén | November 25, 2019 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 By Håkan Karlsson | October 1, 2019 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? By Laure Mora | September 20, 2019 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 By Carl Palmén | August 20, 2019 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 By Carl Palmén | July 18, 2019 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 By Charlotte Becker | July 11, 2019 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? By Fredrik Thorén | July 4, 2019 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 By Charlotte Becker | June 18, 2019 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? By Carl Berglund | June 15, 2019 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 By Carl Palmén | June 4, 2019 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 By Charlotte Becker | May 21, 2019 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 By Charlotte Becker | May 21, 2019 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? By Climeon | May 11, 2019 “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 By Charlotte Becker | May 1, 2019 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 By Charlotte Becker | April 9, 2019 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 By Charlotte Becker | April 9, 2019 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 By Charlotte Becker | March 29, 2019 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 By Charlotte Becker | March 14, 2019 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 By Charlotte Becker | March 13, 2019 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 By Charlotte Becker | January 31, 2019 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 By Charlotte Becker | November 22, 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 By Charlotte Becker | November 16, 2018 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 By Charlotte Becker | November 2, 2018 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 By Thomas Öström | October 12, 2018 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 By Rakshith Sachitanand | October 2, 2018 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 By Ruben Havsed | October 2, 2018 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 By Carl Berglund | October 2, 2018 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 By Climeon | September 28, 2018 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) By Zvonko Ikic | August 27, 2018 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 By Climeon | August 7, 2018 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 By Charlotte Becker | June 28, 2018 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 By Thomas Öström | June 26, 2018 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? By Carl Berglund | June 14, 2018 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” By Zvonko Ikic | May 28, 2018 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 By Climeon | May 24, 2018 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 By Climeon | May 22, 2018 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 By Charlotte Becker | May 21, 2018 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 By Climeon | May 17, 2018 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 By Rakshith Sachitanand | April 9, 2018 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 By Thomas Öström | February 16, 2018 Order for 16 heat power units to be delivered within 12 monthsBreakthrough in Germany and proof of the geothermal heat power segmentWill deliver 14 000 MWh ... The Top 5 Global Container Shipping Companies and their 2020 Sulphur Cap initiatives By Zvonko Ikic | January 29, 2018 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 By Rakshith Sachitanand | December 18, 2017 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” By Carl Berglund | October 18, 2017 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! By Thomas Öström | October 13, 2017 “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 By Rakshith Sachitanand | October 10, 2017 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 By Ruben Havsed | September 19, 2017 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 By Climeon | September 14, 2017 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 By Carl Berglund | August 28, 2017 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 By Carl Berglund | July 2, 2017 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 By Charlotte Becker | June 26, 2017 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? By Climeon | May 10, 2017 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 By Climeon | April 18, 2017 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? By Ruben Havsed | April 12, 2017 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! By Climeon | April 10, 2017 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 ... Business for a better world. 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