Collaboration on CO2 management in Øygarden
CCB Energy Holding and Northern Lights JV will facilitate the development of a CO2 value chain for local and regional industry in Øygarden, including handling and processing of CO2 deliveries to the Northern Lights receiving terminal.
CCB Energy is working to build a green industrial park next to the Northern Lights CO2 receiving terminal at the Energy Park in Øygarden municipality. The companies have now entered into a co-operation agreement to facilitate the development of infrastructure for handling and processing of local CO2 deliveries. This ensures that the CO2 will meet predefined specifications.
“This is significant from both a regional and national perspective. Through the collaboration with Northern Lights, we will facilitate for handling and delivery of captured CO2 where shipping is not considered an option. This agreement is an important starting point for corporations with the ambition to establish zero emission industrial production with CO2 capture locally at the Energy Park, and for regional industrial emitters which will need access to a tailored solution for CO2 disposal”, says Ronny Haufe, Managing Director of CCB Energy.
Hydrogen production from 2022
CCB Energy’s subsidiary H2 Productions will start producing clean hydrogen at the location, where ZEG Power is providing the technology for hydrogen production from gas with integrated carbon capture in the system. The production will start in 2022.
Possibility for Air Capture Facilities
Northern Lights is developing an open and flexible infrastructure to transport CO2 from industrial emitters by ship to a receiving terminal in western Norway for intermediate storage, before being transported by pipeline for permanent storage in a geological reservoir 2,600 metres under the seabed. Operations are scheduled to start in 2024.
“Northern Lights will store CO2 from industrial emitters in Norway and Europe. We also hope to receive volumes from regional emitters, industrial facilities established close to our terminal in Øygarden, including possibly direct air capture facilities. This is a cost-effective and good solution for all involved. CCB Energy has an important role as facilitator, and we are excited about this collaboration”, says Børre Jacobsen, Managing Director of Northern Lights.