- Phase 2 of Northern Lights will increase CO2 storage capacity to over 5 million tons annually by 2028.
- The project involves a NOK 7.5 billion (~$700 million) investment.
- A 15-year agreement with Stockholm Exergi will store 900,000 tons of biogenic CO2 annually starting in 2028.
- Northern Lights is in talks with European industrial customers to utilize remaining storage capacity.
Project Expansion
TotalEnergies, Equinor, and Shell have approved the second phase of the Northern Lights CCS project, which will expand CO2 transport and storage capacity from 1.5 million to over 5 million tons annually by 2028. This phase involves a NOK 7.5 billion (~$700 million) investment, utilizing existing onshore and offshore infrastructure.
Operational Details
The first phase is complete and ready to receive CO2 from industrial emitters, with operations starting this summer. CO2 will be transported by ship from Heidelberg Materials’ cement factory in Brevik, Norway, and stored 2,600 meters below the seabed off Øygarden, western Norway.
Commercial Agreements
A 15-year agreement with Stockholm Exergi will facilitate the cross-border transport and storage of 900,000 tons of biogenic CO2 emissions annually, starting in 2028. Stockholm Exergi is the fifth company to commit to Northern Lights, joining Heidelberg Materials, Celsio, Yara, and Ørsted. Northern Lights is also in advanced discussions with other European industrial customers to market the remaining storage capacity.
Infrastructure Development
The expansion includes new onshore storage tanks, pumps, a jetty, injection wells, and transport vessels, all expected to be operational by the second half of 2028. This development aims to build a commercially viable CCS market in Europe, providing a solution for hard-to-abate industrial emitters to reduce CO2 emissions.
