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- Norwegian plant a world first
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The Norwegian Sleipner field became the world's first large-scale CCS plant at sea. So far it has stored around 22 million tonnes of CO2. In March 2023, the first injection of CO2 was made in the Danish sector of the North Sea, and there are plans for CO2 capture and storage from 2028.
- More CCS plants needed
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Not enough CCS plants are being built if we are to reach the goals set in the Paris Agreement. The International Energy Agency estimates that at least 2,000 large-scale plants must be operational by 2040 in order to have a chance to reach those goals. In 2019, there were 19 large-scale plants and four were under construction.
This means that in order to reach those goals, at least 95 new plants must be built every year globally in the next two decades. The EU Commission has also identified CCS as one of seven necessary tools to reach climate neutrality in the EU by 2050, and it has put aside ten billion euro for the development and running of CCS in the next ten years.
It takes between four to six years to build a CCS plan. The world’s largest, so far, is at sea off the Australian coast and has been operational since 2019. At full capacity, it can pump up to four million tonnes of CO2 underground a year. Like the one in Norway, this plant filters and stores CO2 from natural gas production.
Source: GEUS
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