About Norway 100MW energy storage project
Ingrid Capacity is initiating the design phase of the Nordics' largest energy storage project, equivalent to 100MW/200MWh.
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About Norway 100MW energy storage project video introduction
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6 FAQs about [Norway 100MW energy storage project]
Where is Northern Lights CO2 stored?
The Norwegian Minister of Energy officially opened the Northern Lights CO 2 transport and storage facility in Øygarden, near Bergen, Norway. The Northern Lights facility is a joint venture between Equinor, Shell, and TotalEnergies. With the opening, Equinor’s cross-border facility is ready to receive and store CO 2.
Which companies are completing the Northern Lights joint-venture in Norway?
Paris, September 26, 2024 – TotalEnergies and its partners, Equinor and Shell, announce the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in Norway.
How much did the Norwegian government pay for the Northern Lights project?
The Norwegian government covered about 80% of the cost for the first phase of the Northern Lights project. “The support from the Norwegian government and European Commission has been important contributing factors to successfully completing Phase 1 and advancing Phase 2.
Is northern lights ready to receive and store CO2 from European industries?
Northern Lights is now ready to receive and permanently store CO2 from European industries, with first CO2 injection expected in 2025. Developing CO2 transportation and storage services is one of the necessary levers to reduce emissions and a realistic decarbonization solution for European industry.
How much is the Northern Lights project worth?
The first phase of the Northern Lights Phase 1 project, valued at $710 million, reached FID in May 2020. Northern Lights is part of the larger Norwegian full-scale Longship CCS project that includes capturing CO 2 from industrial sources and shipping liquid CO 2 to the terminal in Øygarden, near Bergen, Norway.
How much CO2 will the Northern Lights CCS project receive?
Phase 1 capacity of 1.5 million tonnes per year (Mtpa) of CO 2 is fully booked. The Northern Lights CCS project offshore Norway is expected to receive the first carbon dioxide from Phase 1 later this year and first carbon dioxide from Phase 2 in late 2028.
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