Sweden's Bioenergy Pyrogrot demonstration project was recently awarded part of a €1.2 billion award from the EU's New Entrants' Reserve (NER)300 program, which acts as a vehicle for demonstrating environmentally safe carbon capture and storage (CCS) and new European renewable energy technologies at a pre-commercial scale. The projects will be co-financed with revenues obtained from the sale of 200 million emission allowances from the EU Emissions Trading System (ETS).