The Government proposes to first implement carbon capture at Norcem’s cement factory in Brevik. In addition, the Government also intends to fund Fortum Oslo Varme’s waste incineration facility in Oslo, providing that the project secures sufficient own funding as well as funding from the EU or other sources. Fortum Oslo Varme must resolve whether they wish to realise the project on these terms within three months after the allocation decision in the second call of the EU Innovation Fund, but not later than 31 December 2024. Longship also comprises funding for the transport and storage project Northern Lights, a joint project between Equinor, Shell and Total.

The Norwegian Government has decided to call the Norwegian project on carbon capture, transport and storage Longship. The characteristic shape, and flexible, supple construction of the Vikings’ longships made them one of the greatest innovations and most ground-breaking ship-building technologies of their day. The longships enabled the Vikings to become long-distance traders who exchanged valuable goods from the North for goods from faraway lands, such as silk and spices. Despite our ancestors often spreading fear along their path, longships have become a familiar symbol worldwide of the Viking Age and are associated with Norway.

Like those who built the longships, we also aim to take our technology out into the world, but only by peaceful means. The Government places major emphasis on Longship becoming a cost-efficient solution for carbon capture and storage, and a technology that many can utilise. Longship facilitates the further development of CCS in both Norway and Europe.

The total project costs are estimated at NOK 25.1 billion. This includes both the investment and ten years of operation. The state’s part of these costs are estimated at NOK 16.8 billion, which means that the state expects to cover approximately two-thirds of the project’s cost.

Longship will demonstrate that carbon capture and storage is safe and feasible and it will facilitate learning and cost reductions for subsequent projects. It establishes an infrastructure with surplus capacity that other projects can use. Hence, the threshold for establishing new carbon capture projects will be lowered. Longship can also facilitate business development through preserving, restructuring, and creating new industry and business activities in Norway.

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Illustrasjon: OED - Miksmaster Creative