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“CO2 is commonly stored in a super-critical state in the subsurface geological reservoir. In this state it has some favourable gas-like properties but liquid-like densities increasing the storage capacity”Ronald MaritvoldHead Of Reservoir Engineering And Petrophysics
“After injection the CO2 is trapped in structures beneath impermeable layers, but also immobilized by capillary effects, dissolution in the aquifer and by reaction with the minerals in the water over time.”Emilie Ryen JomarkReservoir Engineer
“The injection and CO2 movement inside the reservoir is monitored through rigorous surveillance programs.”Morten SolaHead Of Geology & Geophysics
The carbon market, now and in the future
The carbon market is the new emerging trillion dollar market, whether it is within carbon storage or carbon utilisation. Within this market space you find both negative emissions and green fuels, potentially trillion dollar markets on their own. Horisont Energi will develop and scale carbon value chains where we can monetise both carbon storage and carbon utilisation. With a unique, patented carbon storage value chain we will be the cost-winner in this market.
As Europe is redesigning its legislation and committing substantial funds to convert the current fossil economy into a new low carbon hydrogen economy, the carbon economy is mirroring this development and playing a key role in the transitional phase and later in the fully transformed green economy. During the transitional phase industries will be decarbonised by capturing, recycling, storing and putting carbon to new uses, creating values from carbon value chains both for the industry and for society.
Carbon will be a key raw material in the fully transformed green economy. It will be used in the production of more and more of our products and will be recycled and reused over and over. Sustainable carbon captured from renewable sources and waste will be used to offset carbon footprints and create zero carbon products. Through the symbiosis of the hydrogen and the carbon economy the world can accelerate the transition to a sustainable future whilst creating new businesses and new products.