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The Northern Lights project, one of the most ambitious carbon capture, storage, and transport (CCS) initiatives in Europe, takes a major step toward expansion, as Equinor, Shell, and TotalEnergies announced the final investment decision (FID) for the second phase of the project, a NOK 7.5 billion investment.
This phase will expand the project’s CO₂ injection capacity, a key step toward meeting industrial decarbonization goals and contributing to Europe’s energy transition.
On the expansion of Northern Lights
The decision to invest in the second phase was based on a commercial agreement with Stockholm Exergi to store up to 900,000 tons of biogenic CO₂ per year for 15 years. This breakthrough is vital to providing secure CO₂ storage solutions, a crucial aspect for industrial emitters unable to fully reduce their emissions.
Support from the Norwegian government and the European Commission has been essential to the success of Phase 1 and the start of Phase 2. The Norwegian government has funded a significant portion of the project under the Longship initiative , which seeks to make carbon capture and storage a viable, large-scale solution.
With the expansion of injection capacity, which will increase from 1.5 million tons per year to 5 million tons, Northern Lights will consolidate its position as an essential pillar in European industrial decarbonization. Phase 2 is expected to be operational by the second half of 2028, positioning Equinor as one of the world’s leading developers of CCS solutions.
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Source and photo: Equinor
