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Norway desires to retailer carbon underneath the North Sea

The receiving dock on the Northern Lights carbon seize and storage mission, managed by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024.

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Norway’s authorities desires to indicate the world it’s potential to soundly inject and retailer carbon waste underneath the seabed, saying the North Sea may quickly grow to be a “central storage camp” for polluting industries throughout Europe.

Offshore carbon seize and storage (CCS) refers to a spread of applied sciences that search to seize carbon from high-emitting actions, transport it to a storage web site and lock it away indefinitely underneath the seabed.

The oil and gasoline trade has long touted CCS as an efficient device within the combat in opposition to local weather change and polluting industries are more and more trying to offshore carbon storage as a approach to cut back planet-warming greenhouse gas emissions.

Critics, nonetheless, have warned in regards to the long-term dangers related to completely storing carbon beneath the seabed, whereas campaigners argue the know-how represents “a new threat to the world’s oceans and a dangerous distraction from real progress on climate change.”

Norway’s Vitality Minister Terje Aasland was bullish on the prospects of his nation’s so-called Longship mission, which he says will create a full, large-scale CCS worth chain.

“I think it will prove to the world that this technology is important and available,” Aasland stated by way of videoconference, referring to Longship’s CCS facility within the small coastal city of Brevik.

“I think the North Sea, where we can store CO2 permanently and safely, may be a central storage camp for several industries and countries and Europe,” he added.

Storage tanks on the Northern Lights carbon seize and storage mission, managed by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024.

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Norway has a protracted historical past of carbon administration. For almost 30 years, it has captured and reinjected carbon from gasoline manufacturing into seabed formations on the Norwegian continental shelf.

It is Sleipner and Snøhvit carbon administration initiatives have been in operation since 1996 and 2008, respectively, and are sometimes held up as proof of the know-how’s viability. These amenities separate carbon from their respective produced gasoline, then compress and pipe the carbon and reinject it underground.

“We can see the increased interest in carbon capture storage as a solution and those who are skeptical to that kind of solution can come to Norway and see how we have done in at Sleipner and Snøhvit,” Norway’s Aasland stated. “It’s several thousand meters under the seabed, it’s safe, it’s permanent and it’s a good way to tackle the climate emissions.”

Each Sleipner and Snøhvit initiatives incurred some teething issues, nonetheless, together with interruptions throughout carbon injection.

Citing these points in a analysis be aware final yr, the Institute for Vitality Economics and Monetary Evaluation, a U.S.-based suppose tank, said that moderately than serving as fully profitable fashions to be emulated and expanded, the issues “call into question the long-term technical and financial viability of the concept of reliable underground carbon storage.”

‘Overwhelming’ curiosity

Norway plans to develop the $2.6 billion Longship mission in two phases. The primary is designed to have an estimated storage capability of 1.5 million metric tons of carbon yearly over an working interval of 25 years — and carbon injections may begin as early as subsequent yr. A potential second section is predicted to have a capability of 5 million tons of carbon.

Campaigners say that even with the deliberate second section rising the quantity of carbon saved underneath the seabed by a considerable margin, “it remains a drop in the proverbial bucket.” Certainly, it’s estimated that the carbon injected would quantity to lower than one-tenth of 1% of Europe’s carbon emissions from fossil fuels in 2021.

The federal government says Longship’s development is “progressing well,” though Aasland conceded the mission has been costly.

“Every time we are bringing new technologies to the table and want to introduce it to the market, it is having high costs. So, this is the first of its kind, the next one will be cheaper and easier. We have learned a lot from the project and the development,” Aasland stated.

“I think this will be quite a good project and we can show the world that it is possible to do it,” he added.

Employees at an entrance to the CO2 pipeline entry tunnel on the Northern Lights carbon seize and storage mission, managed by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024.

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A key part of Longship is the Northern Lights three way partnership, a partnership between Norway’s state-backed oil and gasoline big Equinor, Britain’s Shell and France’s TotalEnergies. The Northern Lights collaboration will handle the transport and storage a part of Longship.

Børre Jacobsen, managing director for the Northern Lights Joint Enterprise, stated it had acquired “overwhelming” curiosity within the mission.

“There’s a long history of trying to get CCS going in one way or another in Norway and I think this culminated a few years ago in an attempt to learn from past successes — and not-so-big successes — to try and see how we can actually get CCS going,” Jacobsen instructed CNBC by way of videoconference.

Jacobsen stated the North Sea was a typical instance of a “huge basin” the place there’s loads of storage potential, noting that offshore CCS has a bonus as a result of no individuals dwell there.

A pier walkway on the Northern Lights carbon seize and storage mission, managed by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024.

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“There is definitely a public acceptance risk to storing CO2 onshore. The technical solutions are very solid so any risk of leakage from these reservoirs is very small and can be managed but I think public perception is making it challenging to do this onshore,” Jacobsen stated.

“And I think that is going to be the case to be honest which is why we are developing offshore storage,” he continued.

“Given the amount of CO2 that’s out there, I think it is very important that we recognize all potential storage. It shouldn’t actually matter, I think, where we store it. If the companies and the state that controls the area are OK with CO2 being stored on their continental shelves … it shouldn’t matter so much.”

Offshore carbon dangers

A report published late final yr by the Heart for Worldwide Environmental Legislation (CIEL), a Washington-based non-profit, discovered that offshore CCS is at present being pursued on an unprecedented scale.

As of mid-2023, firms and governments world wide had introduced plans to assemble greater than 50 new offshore CCS initiatives, based on CIEL.

If constructed and operated as proposed, these initiatives would symbolize a 200-fold improve within the quantity of carbon injected underneath the seafloor annually.

Nikki Reisch, director of the local weather and power program at CIEL, struck a considerably cynical tone on the Norway proposition, saying the nation appeared to have embraced the idea of a round financial system: “We can both produce your problem, with fossil fuels, and solve it for you.”

“Whenever there are challenges to or questions raised about the uncertainties and risks with injecting CO2 under the seabed at depths that are difficult to monitor and manage under the best of circumstances, proponents will point to the experience with Norway as proof that it can be done,” Reisch stated.

“At the same time, if you look closely under the hood at those projects, it’s very touch and go and by a hair or happenstance they didn’t have a leak. There’s nothing to ensure that the unpredictable behavior of the CO2 in a different location might not result in a blowout of the caprock or another leak of the injected CO2.”

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