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fortum-oslo-varme-ccs-project-shortlisted-for-innovation-funding
fortum-oslo-varme-ccs-project-shortlisted-for-innovation-funding

Fortum Oslo Varme CCS project shortlisted for innovation funding

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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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