Horisont Energi start collaboration with Bellona regarding means toward carbon capture and storage – The company will produce hydrogen and blue ammonia on a large scale and store carbon dioxide in a new storage site under the seabed in Northern Norway Bellona supports this large-scale investment in more CO2 storage.
Horisont Energi will produce emission-free hydrogen and blue ammonia on a large scale and store carbon dioxide in a new storage site under the seabed in Northern Norway in the project “Polaris” which can store more than 100 mill. tons of CO2. More than the double of Norway’s yearly climate emissions.
Establishing the “Northern Lights” CO2 storage site has been the Norwegian government’s most important decision on climate change mitigation so far. However, the capacity is not sufficient if Europe is to halve its emissions by 2030. Horisont Energi will build the next storage site.
“The snowball effect is coming and already now we see storage alternative number two announced. This shows that carbon capture and storage is not just something the Norwegian state is doing.”
Eivind Berstad, senior advisor at Bellona.
Recognized climate actor
Horisont Energi will cooperate with Bellona on CCS (carbon capture and storage) instruments.
“Conversion of natural gas to blue ammonia and hydrogen with CO2 storage is the fastest way to emission-free hydrogen on a large scale. Horisont Energi’s ambition is to be a frontrunner in the work for industrialization of emission-free hydrogen production and CCS. That is why we have chosen to work with Bellona, which has had carbon capture and storage as a top priority in Norway and in the EU for several decades and has built up a heavy professional competence and an extensive network in this field. Bellona is a recognized climate stakeholder that can help to further develop the regulatory framework for CCS in the right direction.”
Bjørgulf Haukelidsæter Eidesen, CEO and founder of Horisont Energi.
Ammonia is mainly used in production of fertilizers, which is important for food production and in the chemical industry. But ammonia production is associated with high CO2 emissions.
“Horisont Energi is going to produce emission-free ammonia, without requiring large amounts of renewable electric power.”
Bjørgulf Haukelidsæter Eidesen
In addition, ammonia is a carbon-free fuel for large ships where electrical power by batteries is not practically feasible. It is important that the production of ammonia is also emission-free. Horisont Energi has a solution for this, by storing CO2 from the production process.
“This is a solution Bellona has been fighting for since 1992, and it is inspiring to see that industrial companies finally see carbon capture and storage as a way to decarbonize the production of ammonia.”
Eivind Berstad, Bellona.
Bellona and Horisont Energi will also work together to remove CO2 from the atmosphere and store CO2 underground “forever”, also called carbon-negative solutions. This will be an important supplement to significantly reduce CO2 emissions. Today, there are no regulation for negative emissions. Bellona and Horisont Energi will collaborate on how these regulations can be incorporated and take initiative in political processes to accelerate the regulatory framework for negative emissions.
For more information, please contact:
|Bjørgulf Haukelidsæter Eidesen
CEO and Founder, Horisont Energi
Mobile: + 47 99 03 68 92
Senior advisor, Bellona
The Bellona Foundation is an independent, non-profit foundation that works to solve the world’s climate and environmental problems. Bellona’s approach is technology optimistic and based on system thinking, with the aim of developing and promoting solutions for politicians, public administration and business. The foundation was founded in 1986 and has approx. 60 employees – including engineers, political scientists, economists, biologists, lawyers and journalists – with offices in Oslo, Brussels, London, Berlin, Murmansk and St. Petersburg, as well as representations in the United States and several EU countries.