A Norwegian injection hub for CO2 storage
Gismarvik CO2-hub
The planned CO2 hub at Gismarvik will enable CO2 mitigation and permanent storage on a massive scale. As an CO2 injection hub, it will have a capacity for intermediate storage of 20 – 24 million tonnes CO2 before transported via pipeline and permanently stored safely below seabed in the Northern Sea.
Key facts
Concept:
CO2 terminal for intermediate storage
Terminal capacity:
20 – 24 million tonnes CO2 annually
Location:
Haugalandet Industrial Park, port of Gismarvik
CO2 transport:
CO2 transport via pipeline to offshore reservoirs
CO2 hubs as a concept will enable the development of a land-based CCS industry in Norway, thus bridging the gap between European customers and the Norwegian Continental Shelf. With the experience of using CCS technology in Norway for decades, and the estimated storage capacity offshore equivalent to the EUs CO2 emissions over 25 years – Norway is the perfect host for a CCS industry.
We have ambitions to make the Gismarvik CO2 hub a leading hub for CO2 injections, connecting the onshore terminal to several offshore reservoir projects and enabling safe CO2 storage for both European and domestic customers.
The CCS industry in Norway is developing rapidly, as well as the need and demand for reservoir storage from European customers. We want to be at the forefront of this development using technology solutions that is scalable and accessible.
The CCS industry explained
What does CCS stand for? Why is it defined as one of the key measures by the IPCC (UN’s intergovernmental panel on climate change) to prevent and reverse climate change? How does the technology work, and why is Norwegian industry key to develop the CCS market?
We know it’s a lot to take in. The most important thing to remember about CCS is that it is crucial in reducing emissions in the short run, and in the long run enabling negative emissions.