Oslo Energy Storage Power Plant Operation Announcement

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Carbon capture project resumes at waste-to-energy plant in Oslo

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The City of Oslo ensures realisation of carbon capture and storage

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Hafslund Oslo Celsio

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The Longship project is near completion

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6 Frequently Asked Questions about “Oslo Energy Storage Power Plant Operation Announcement”

Is Hafslund Oslo celsio the first CO2 plant in the world?

Once operational, this project could be the first of its kind globally. Along with the Norcem Brevik cement plant, Hafslund Oslo Celsio - previously Fortum Oslo Varme (FOV) - is part of Norway's Longship project (see separate entry) and will receive CO2 transport and storage services under Equinor's Northern Lights JV project (see separate entry).

What happened to Fortum Oslo varme CCS project?

The remaining 50% funding was secured in March 2022. * Previously known as the Fortum Oslo Varme (FOV) CCS Project, the name was changed to Hafslund Oslo Celsio following a change of ownership in May 2022. 3. Status

How much CO2 does Oslo emit a year?

The waste-to-energy plant at Klemetsrud is currently responsible for 17 per cent of the city's emissions, and is the biggest single emitter of CO2 in Oslo. From 2026, up to 400,000 tonnes of CO2 will be captured each year. This corresponds to the annual emissions from 200,000 cars.

Who owns Fortum Oslo varme?

Today, the City of Oslo and the new owners of Fortum Oslo Varme have entered into an agreement to ensure full financing of the carbon capture plant at Klemetsrud. Les pressemeldingen på norsk. PRESS RELEASE, The City of Oslo, Tuesday 22 March 2022, updatet 24 March: The new owners are Hafslund Eco, Infranode and HitecVision.

What happened to Fortum – Hafslund eco & infranode?

In May 2022, Fortum sold its 50% ownership in the company to a Norwegian investor consortium comprising Hafslund Eco, Infranode and HitecVision for approximately EUR 1 billion. The new consortium coined the new name: Hafslund Oslo Celsio 6.

Will Hafslund eco get a loan from Oslo?

The City of Oslo is pledging an existing shareholder loan to Hafslund Eco as collateral so that the company can borrow up to NOK 2.1 billion to fund the municipality's share of the project. “In future, it will be more expensive to pollute.

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