How will CO2 be stored in Norway?

The full-scale project includes capture of CO 2 from industrial sources and shipping of liquid CO 2 to an onshore terminal on the Norwegian west coast. From there, the liquified CO 2 will be transported by pipeline to an offshore storage location subsea in the North Sea, for permanent storage.

Will Norway fund the Northern Lights CO2 transport & storage project?

Following a historic vote in parliament, the Norwegian Government today announced its funding decision for the Northern Lights CO 2 transport and storage project.

When did Norway Open the Northern Lights visitor centre?

The Prime Minister of Norway, Jonas Gahr Støre, officially opened the Northern Lights visitor centre in October 2022. The Northern Lights project is part of the Norwegian full-scale carbon capture and storage (CCS) project. The full-scale project will include capture of CO 2 from one or two industrial capture sources.

How much will Norway spend on CO2 management in 2025?

The Norwegian government continues its investment in the Longship project and proposes an allocation of 2.1 billion NOK in the state budget for 2025. In 2025, a large part of the full-scale project for CCS in Norway will be completed. ‘ With Longship, Europe's first full-scale value chain for CO 2 management will be in operation in 2025.

How much carbon dioxide is stored under Norway's seabed?

According to government estimates, the rocks under Norway’s seabed have the capacity to store as much as 80 billion metric tons of carbon dioxide, or 1,600 years of Norway’s emissions at current levels, in depleted natural gas fields and other porous rocks.

Who owns the energy storage project near Oulu?

Å Energi has acquired a majority stake in the Isokangas energy storage project near Oulu. The 50 megawatt/1hour energy storage facility to be completed in 2026 is a significant milestone in strengthening the flexibility of the Nordic electricity grid and the security of energy supply. 04. June 2025