About Oslo energy storage project company
Engineering giant Technip Energies has been awarded a large engineering, procurement and construction contract by Hafslund Oslo Celsio, Norway's biggest district heating supplier, for what it terms as a "world-first carbon capture and storage project" at a waste-to-energy plant in the nation’s capital, Oslo.
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4 FAQs about [Oslo energy storage project company]
How much money will Oslo bring to the project?
The City of Oslo and the companies will bring up to 6 billion NOK (620 million EUR) to the table, said Raymond Johansen. This amount is necessary for the project to be fully funded. The Norwegian state has already given a funding guarantee of 3 billion NOK (310 million EUR).
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.
Does celsio have a waste incineration plant in Oslo?
Celsio owns and operates two waste incineration plants in Oslo and ensures sustainable handling of waste that cannot be recycled. In the summer of 2022, construction commenced on the world’s first full-scale carbon capture and storage facility at the Klemetsrud waste incineration plant.
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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