As the world intensifies its efforts to combat climate change, Carbon Capture and Storage (CCS) has emerged as a critical technology in reducing greenhouse gas emissions. Norway, with its leading position in CCS development in Europe and broad political support, is at the forefront of this innovative solution.
The Norwegian continental shelf, with its suitable geological storage formations, offers significant potential for large-scale CO2 storage. This unique geological advantage positions Agder, the southernmost region in the country, as an attractive destination for investments.
Key Advantages of Agder
Strategic Location: Agder's locatiom positions it advantageously for CCS projects, as the region is in close proximity to major CO2 storage sites being developed in the North Sea.
Synergy with Green Industries: CCS enables the low-emission production of hydrogen and ammonia from natural gas, aligning perfectly with Agder's ventures in these emerging green industries. This synergy creates opportunities for integrated, sustainable industrial development in the region.
Established Expertise: Local companies like Returkraft have been building CCS competency since 2018, creating a strong knowledge base in the region.
Innovative Waste Management: CCS offers the only viable method for removing CO2 emissions from non-recyclable waste, making it crucial for achieving net-zero emissions in waste management.
Spotlight on Returkraft
Returkraft operates a state-of-the-art waste-to-energy facility that generates electricity and district heating from non-recyclable waste. Recognizing the importance of reducing emissions, the company has made carbon capture and storage (CCS) a key focus area, investigating the feasibility of implementing this technology at its facility by 2030. This strategic move positions Returkraft as an innovative leader in the waste management sector.
As a significant player in the Norwegian waste management industry, Returkraft generates an annual turnover of 200 million Norwegian kroner. The successful implementation of CCS technology at Returkraft's facility could have a substantial impact on reducing emissions from the sector, contributing to a more sustainable future.
Returkraft
Learn more about the waste-to energy company with one of Scandinavia's most modern and efficient recycling facilities.
The Longship Project
Learn more about the Norwegian Longship Project, Europe's first complete carbon capture and storage value chain.
The Northern Lights Project
Learn more about the project that is establishing Europe's first open-source CO2 transport and storage service, a key component of to the Longship project.