Fortum Oslo Varme’s carbon capture and storage (CCS) project has made it through to the shortlist of candidates for financing from the EU’s €1bn Innovation Fund.

Located in Oslo, Norway, the Fortum Oslo Varme project will equip an existing waste-to-energy plant with a carbon capture facility. The project will capture 90% of the 400,000 tonnes of CO2 the plant emits each year.

Operational since 1985, the waste-to-energy plant burns residual waste that is left over after reuse and recycling and cannot be dealt with any other way and supplies nearly 60% of the energy needs for Oslo’s district heating system.

The city of Oslo is a joint owner of the project with Finnish energy company Fortum. Once operational, Fortum Oslo Varme will reduce the city’s CO2 emissions by 15%, making a major contribution to Oslo’s net zero plans.

Welcoming the news, Jannicke Gerner Bjerkås, CCS Director at Fortum Oslo Varme, said, “This is fantastic news for us and for the project. It shows that the EU believes that CCS is an essential technology to achieve significant emission reductions from waste incineration.”

“The Commission’s decision to put Fortum Oslo Varme through to the second round demonstrates clearly the EU’s support for our project which will make a real difference in removing CO2 while dealing with urgent waste management issues.”

Fortum Oslo Varme’s news comes exactly one week after gasworld shared an exclusive interview with Bjerkås, in which she said funding was the only requirement to get the project underway.

Read more: Exclusive: Fortum’s high hopes for waste-to-energy CCS plants

“We are now a substantial step closer to achieving significant emission reductions with carbon capture from waste incineration in Oslo. Realising our project will have a number of positive effects: the Norwegian CCS value chain will be more robust with two capture plants; the possibility of achieving Oslo’s climate goals increases significantly; and we will be able to export carbon capture solutions to the more than 450 waste incineration plants in Europe,” Bjerkås continued.

Raymond Johansen, Governing Mayor of Oslo, added, “I am pleased that our project is one step closer to being realised. Carbon neutral cities are a prerequisite to fulfilling the Paris Agreement. The Fortum Oslo Varme waste-to-energy plant may serve as a blueprint for other cities’ sustainable waste management.”