Fortum Oslo Varme CCS project shortlisted for innovation funding
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.
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