23.11.2023
More European CO₂ for Northern Lights
Earlier this week (week 47), Northern Lights signed a new agreement on CO2 transport and storage. This time with Yara Sluiskil in the Netherlands. This is a major milestone for the Longship project.
Longship to stimulate market development for CCS in Europe
In January 2021, the Norwegian parliament decided to fund Langskip. This marked the start of the construction phase of Heidelberg Materials Brevik’s CO2 capture project in Brevik, Norway. And Northern Lights’ transport and storage project on the Norwegian west coast. Northern Lights received a grant from the Norwegian government to build and operate an overcapacity transport and storage infrastructure for CO2. Northern Lights has successfully sold this capacity to two industrial projects in Europe – Ørsted in Denmark and now Yara in the Netherlands. Earlier this year, Northern Lights and Ørsted signed an agreement to transport and store 430,000 tonnes of CO2 per year from two power plants in Denmark.
– The agreement in the Netherlands is a milestone for both Northern Lights and Yara and for the development of the market in Europe. It shows that the commercial potential for CCS in Europe is now being realised and that the market for CO2 transport and storage is developing positively. The agreements with Northern Lights fit well with the purpose of the Longship project,” says Morten Henriksen, CEO of Gassnova.
Will remove 12 million tonnes of CO2
Yara Sluiskil is one of the world’s largest ammonia and mineral fertilizer plants. The reduction of 800,000 tonnes of CO2 is equivalent to 0.5 percent of the total annual emissions in the Netherlands (as of 2022). Over the next 15 years, Yara will remove around 12 million tonnes of CO2 from production at Sluiskil. Yara has received EUR 30 million from the Dutch government to support the project.
CCS is a cost-effective solution for decarbonisation that is compatible with existing European production infrastructure, for ammonia and fertilizer production. Yara believes that all technologies must be used to address the climate crisis. The European industry is eagerly awaiting the EU’s CCUS strategy, which is expected to be published early next year.
Based on press releases from the following companies; Yara and Northern Lights