The first phase of the project was supported by the Norwegian government and has a capacity of 1.5 Mt CO 2 /year, which has been fully booked by customers in Norway and
Hydro plans to build a new pumped storage power plant in Luster Municipality, Norway. With construction starting in 2025 and operations beginning in 2028/2029, the total investment for the project is estimated at
Norway''s state-led oil and gas company Equinor, along with oil majors Shell and Total, are partners to the Northern Lights portion of the project, the transport and storage facility, bringing significant experience in carbon
Norway is taking a historic step in the fight against climate change as the world''s first full-scale value chain for carbon capture and storage (CCS) is now being launched. The Longship project marks a milestone in
The Northern Lights project is planned to be developed by a consortium of three international oil giants including Equinor, Shell, and Total. The project partners reached an investment decision for the project in May 2020.
The Northern Lights project is expanding its carbon capture and storage (CCS) capacity, with the big oil firms making their final investment worth around $714 million. This will help lower carbon emissions from industries in
Energy storage technologies, store energy either as electricity or heat/cold, so it can be used at a later time. With the growth in electric vehicle sales, battery storage costs have fallen rapidly
Longship also comprises funding for the transport and storage project Northern Lights, a joint project between Equinor, Shell and Total. Northern Lights will transport liquid CO 2 from capture facilities to a terminal at
This venture could increase annual power production by 800 GWh and capacity by 650 MW, with a total investment estimated between NOK 7 billion and 8 billion ($660 million to $756 million), and construction potentially
The residential energy storage market in Norway faces challenges primarily due to high upfront costs for homeowners, which can discourage widespread adoption. Moreover, the country s
Smeaheia is a new large-scale CO2 transport and storage project, connecting storage with large industrial emitters in Northwestern Europe via a new pipeline.
The American Battery Factory would create 1,000 jobs once all phases of the project are completed. The facility would manufacture lithium-iron-phosphate battery cells for home and
Rendering of a 70MW project in development by Ingrid Capacity in Sweden. Image: Ingrid Capacity. While Norway once aimed to be the ''battery of Europe'' it has since been overtaken other Nordic countries Sweden and
The rapidly evolving landscape of utility-scale energy storage systems has reached a critical turning point, with costs plummeting by 89% over the past decade. This dramatic shift transforms the economics of grid-scale
At the time, Sweden''s Minister of Climate and Environment, Romina Pourmokhtari, was responsible for overseeing the grid connection. In comments at the
Energy storage subsidies in Poland for 2024-2025 support the country''s energy transition, increasing RES efficiency and grid stability.
Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway''s west coast is now completed and ready to receive CO2, with its first deliveries expected
The cost estimates for the Longship CCS project are based on concept studies for CO2 capture and feasibility study for transportation and storage.
Paris – Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway''s first exploitation licence for CO2 storage on the Norwegian Continental
Norwegian aluminium and renewable energy company Norsk Hydro ASA (OSE:NHY) today announced plans to build a NOK-1.2-billion (USD 115m/EUR 103m) pumped
In April 2023, Hafslund Celsio decided to pause the implementation of the CO 2 capture project at the waste-to-energy plant in Klemetsrud. This was done to evaluate various
Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway''s first exploitation licence for CO₂ storage on the Norwegian Continental Shelf. Plans for development and operation have been
The Norwegian government has submitted a proposal to Norwegian Parliament to launch "the greatest climate project in Norwegian industry ever" – the carbon capture and storage (CCS) project named Longship.
Let''s face it – when a city drops 13 billion USD on energy storage, the world sits up. Oslo, Norway''s capital, just made headlines with its record-breaking investment in energy
Shell, Equinor and TotalEnergies said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding their flagship carbon storage project in western Norway after
The level of commercialization was one of the key questions we asked all high-temperature storage solution providers in the survey carried out at the beginning of 2024. Among the 31 companies in the overview are six companies that have
Northern Lights Project- The JV between Shell, Equinor, and TotalEnergies for the carbon capture and storage (CCS) facility in Øygarden, Norway is now ready to receive CO2 from industries in Norway and Europe.
Norsk Hydro, a Norwegian aluminum and renewable energy company, is planning a 84 GWh pumped storage project in Luster Municipality, Norway. The Illvatn project, with an estimated price tag of NOK1.2 billion
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
Norway''s government on Tuesday gave the green light for the second part of the project, which will increase the storage capacity from 1.5mn tonnes under the sea to 5mn tonnes.
In an interview last year, CEO Tom Jensen told Energy-Storage.news that half of its eventual production could go to the ESS market, since which it has announced even more offtake deals
Norsk Hydro, a leading Norwegian aluminum and renewable energy company, has announced plans for an 84GWh pumped storage project in Luster Municipality, Norway. The Illvatn project, estimated to cost NOK 1.2 billion (approximately $113 million), aims to commence construction in 2025, with a target for full operational status by 2028 or 2029.
Another project under development in Norway is a new power plant at Torolmen, in the Årdal municipality, with an estimated annual production of around 30 GWh. The total investment for this project could reach NOK290 million (US$27.4 million), with potential construction starting as early as 2027.
In April 2020, the Norwegian Ministry of Energy granted Norsk Hydro a concession to develop the Illvatn pumped storage power plant. A plan change application is currently under review by the Norwegian Water Resources and Energy Directorate (NVE), with the final investment decision anticipated by the second quarter of 2025.
While disclosing that its Longship project is nearing completion, the Norwegian government highlighted that it intends to continue its investment in the project, thus, it proposed an allocation of 2.1 billion NOK or $197.3 million for this development in the state budget for 2025.
The total project costs are estimated at NOK 25.1 billion. This includes both the investment and ten years of operation. The state’s part of these costs are estimated at NOK 16.8 billion, which means that the state expects to cover approximately two-thirds of the project’s cost.
Equinor, Shell and TotalEnergies are investing in the Northern Lights project — Norway’s first licence for CO₂ storage on the Norwegian Continental Shelf and a major part of the initiative that the Norwegian government calls Longship. Carbon capture and storage will play a major role in the Norwegian climate solution.
