The development of a full-scale carbon capture and storage chain in Norway is possible by 2022, according to a feasibility study report issued Monday by the Ministry of Petroleum and Energy. “Wide deployment of CCS is necessary for the world to reach its climate goals. The most important goal of a full-scale project in Norway is to contribute with knowledge and learning so CCS can be deployed in industry across the world,” Minister of Petroleum and Energy Tord Lien said in a press release.
The report is based on feasibility studies of potential players in a full-chain CCS project. Three industrial plants were studied for the potential for capture carbon off of their operations: a cement plant, an ammonia plant, and a waste-to-energy facility. Norwegian gas transport company Gassco assessed the feasibility of transporting CO2 via ship between the potential capture locations and potential carbon storage sites. Finally, oil and gas giant Statoil conducted feasibility studies of CO2 storage at three different offshore sites on the Norwegian continental shelf.
“CO2 capture is technically feasible at all three emission locations. Given the project’s objective both Statoil and Gassnova consider a solution with an onshore facility and a pipeline to ‘Smeaheia’ as the best solution for CO2 storage. The ‘Smeaheia’ area is located east of the ‘Troll’ field, approximately 50 km from the coast,” the report found.
Developing such a full-chain CCS project is estimated to cost between 7.2 and 12.6 billion kroner ($870 million to $1.5 billion).
