Picture: EU factories
Reality has begun to transform Europe's strategy as well. Many projects across EU are underway molding its priorities in the green energy field. Norway with Northern Lights, a joint venture between Equinor, Shell and Total, is a CCS project that has developed an open and flexible infrastructure to store CO2 from industries across Europe. At the same time, Aker BP and OMV jointly secured the Poseidon license in the Norwegian North Sea, with Aker BP in the operator role.
Norway is leading the way in CCS projects, with Viking CCS, Acorn CCS, Northern Endurance having their own C02 projects under development. In the Netherlands, the government has decided to increase state funding for CO2 capture and storage projects from 5 to 13 billion euros. Porthos is expected to reduce carbon dioxide (CO2) capture and storage levels in the Port of Rotterdam.The project concerns the storage of 2.5 million tons of CO2 per year from the shipping industry.
Denmark is following, with Reuters reporting a pilot project led by INEOS Energy and Wintershall Dea to demonstrate that CO2 can be stored underground in the Danish part of the North Sea.
Germany, Britain, France, Italy, Iceland, Ireland and Sweden are vying for the lion's share as billions in carbon dioxide (CO2) capture and storage projects are cleared to demonstrate that CO2 can be stored underground in the Danish part of the North Sea.
source: IOGP