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Northern Lights A European CO2 transport and storage network

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Presentation on theme: "Northern Lights A European CO2 transport and storage network"— Presentation transcript:

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2 Northern Lights A European CO2 transport and storage network
Emil Yde Aasen, Northern Lights Cities and industry cooperation for net zero emissions  Brussels 20 June 2019

3 - 23 years of succesful industrial experience -
CCS in Norway - 23 years of succesful industrial experience - Sleipner CCS in operation 1996 Snøhvit CCS in operation 2008 CO2 test center (TCM) in operation 2012 23 years of experience Ca 23 Mill tonnes of CO2 stored

4 Norwegian full scale CCS demonstration project
- Enabling industrial decarbonisation - Northern Lights Potential 3rd party

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6 The value chain – from capture to storage

7 Road ahead Q4 2023 November/December 2019 September 2019 Q2 2020
Norwegian State FID In operation FEED Studies completed Drilling of injection well Aurora Northern Lights FID

8 Enables ”open source” offer for CO2 emitters to establish capture
Sectors with largest potential: Hydrogen from natural gas Waste incineration Cement Biomass and biofuel Steel Refinery

9 Beginning of a European network for CO2 removal
EU PCI application submitted PCIs (Projects of Common Interest) are infrastructure project that link energy systems of EU countries. PCI status is a milestone for a project to be eligible for EU CEF funding. Northern Lights PCI application has 15 partners from 7 countries

10 Capture candidates need many things for realizing their projects
Strategic fit with company interests Political and public support Stepwise project maturation: feasibility – concept - FEED – execution - operation Trust in solutions and partners Policy frameworks coming in place Dedicated public funding of increasing size: e.g. 1 – 3 – 10 – 100 million € See proof of future markets

11 CCS to help cities meet their ambitions
Waste-to-Energy plants Berlin Copenhagen – Carbon Neutral by 2025 Berlin – Climate Neutral by 2050 London – 80 % reduction in emission by 2050 Oslo – 95 % reduction in emissions by 2030

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