Norway to Invest in Mongstad CCS Plant
Mongstad, Hordaland, Norway July 16, 2008
The Norwegian government was given a green light by European regulators today to fund a project to test carbon capture and storage (CCS) technologies at the Mongstad oil refinery. The Mongstad test centre, which will run for five years between 2010 and 2014, will cause only a limited distortion of competition which will be outweighed by the benefits of improving knowledge in CCS, according to the European Free Trade Association Surveillance Authority (Efta), a group whose members are the EU's close neighbours Iceland, Liechtenstein, Norway and Switzerland.
The test project is part of oil company StatoilHydro’s plans to build a power plant at the Mongstad refinery. It will test post-combustion CCS technologies on emissions from both the Mongstad oil refinery and the new power plant up to 2014, when a full-scale CCS system must be up and running.
Source: Hydrogen Energy
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