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Minister of Petroleum and Energy Ola Borten Moe. 
Photo: Berit Roald, Scanpix.Minister of Petroleum and Energy Ola Borten Moe. Photo: Berit Roald, Scanpix

Change in direction of commitment to Carbon Capture and Storage

20.09.2013 // Carbon Capture and Storage (CCS) is a crucial part of the Government’s combat against climate change. In order to strengthen the effort, the Government points out a new direction for CCS. The development of full-scale CO2-capture at Mongstad is discontinued, and will be replaced by a CCS programme.

The Technology Centre Mongstad, which is one of the world’s largest and most advanced, will be continued and strengthened.

The Government’s revised CCS strategy will include a programme for realization of full-scale CCS projects in Norway. The Government will ensure the financial and other conditions necessary to result in at least one such project. To achieve this, appropriate incentive structures, securing a clear and sensible risk division between the state and industry are necessary. In order to qualify for funding, projects will have to contribute considerably to the development of technology and also be relevant for the development of further projects.

In the proposed national budget, The Government invites Stortinget to enact both the objective of realizing at least one full-scale CCS project in Norway by 2020, and that the state ensures the financial and other conditions necessary to result in at least one such project in Norway.

- CCS is essential to combat climate change. We have made considerable progress in developing the necessary technology. The Government now re-enforces its commitment. A full-scale CO2 capture facility is still the objective. The Government has, however, concluded, after careful consideration, that the risk connected to the Mongstad facility is too high and has for that reason decided that the work on the full-scale facility will be discontinued, said Minister of Petroleum and Energy Ola Borten Moe.

Read the full press release here.


Source: Ministry of Petroleum and Energy   |   Bookmark and Share