The project is said to reflect the Norwegian government’s ambition to develop a full-scale CCS value chain in Norway, demonstrating the potential of this decarbonization approach. Longship, with captured CO2 from Brevik and Northern Lights’ transport and storage, will be operational in 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.
According to the Norwegian authorities, Longship is a central part of the government’s policy for CO 2 management and a part of the country’s contribution to developing the necessary climate technologies.
Northern Lights will also transport and store up to 800,000 tons of CO2 annually from Yara’s ammonia and fertilizer plant in Sluiskil, Netherlands – in addition to 430,000 tons of biogenic CO2 per year from Ørsted’s two power plants in Denmark, starting in 2026.
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