Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Energi & Miljö |
Industri | Energikällor |
2021-06-30 08:00:00
SANDNES, Norway - June 30, 2021 - Horisont Energi (EURONEXT: HRGI) today
announced that it has signed several letters of intent with major European
companies, continuing its steady progress towards commercial carbon storage off
the coast of Norway.
Carbon storage facilities on the Norwegian continental shelf are part of
Horisont Energi's large-scale, cost-leading and cutting-edge carbon storage
strategy and are planned to be made commercially available to European
industrial companies and power plants capturing CO2 and in need of secure
storage.
"We see substantial and increasing demand for flexible and cost-effective carbon
storage for the many CO2 capture projects in Scandinavia and the rest of Europe.
We are happy to enable these CO2 capture initiatives to reduce the overall
climate impact from power plants and other industrial facilities," says Bjørgulf
Haukelidsæter Eidesen, CEO of Horisont Energi.
Today's announcement is the latest in a series that demonstrates Horisont
Energi's steady progress towards being able to offer commercially attractive
carbon storage services to third-party customers.
Horisont Energi announced March 23 that it had signed a memorandum of
understanding with Baker Hughes, a global energy technology company, for the
development of carbon storage assets. Furthermore, April 23, Horisont Energi
announced a CO2 carrier and injection cooperation with the Knutsen Group to
enable permanent carbon storage in reservoirs offshore. Also, as announced May
12, Horisont Energi signed a memorandum of understanding with TGS, a global
provider of energy data and intelligence, to cooperate on furthering new carbon
storage monitoring technologies and other carbon storage matters.
This puts Horisont Energi in a strong position when it comes to realising a
competitive carbon storage business.
In addition, Horisont Energi's first project, Barents Blue in Finnmark in
Northern Norway includes a world-scale clean ammonia plant, with permanent
storage of CO2 in the Polaris reservoir, located about a kilometre below the
seabed in the Barents Sea.
Horisont Energi will leverage the knowledge and technology from the Polaris
project to fast track the development of new carbon storages and connect the
value chain supplying the market with cost-effective and flexible carbon-storage
solutions.
Further information:
Investor relations
Dan Jarle Flølo, CFO
+47 901 13 159
djf@horisontenergi.com
Media Relations
Marianne Stigset
+47 41 18 84 82
Marianne.Stigset@corpcom.no
About Horisont Energi
Energi Horisont Energi (EURONEXT: HRGI) is a Norwegian clean energy start-up
that provides clean energy and carbon storage services at industrial scale. The
company transforms gas into cost-leading clean ammonia and hydrogen, and offers
CO2 transportation and storage solutions using proprietary technology, paving
the way for a low carbon economy. The company was founded in 2019 and is
headquartered in Sandnes, Norway. https://www.horisontenergi.no/
About Barents Blue
Barents Blue will provide Europe's first large-scale clean ammonia production.
Based on natural gas from the Barents Sea, it will include a world-scale clean
ammonia plant located in Finnmark in Northern Norway. Barents Blue will have a
production capacity of 3000 tons of ammonia per day once operational. During the
production process, carbon will be captured and transported by ship to the
Polaris reservoir for storage, with an estimated capacity in excess of 100
million tons below the seabed offshore Finnmark, which is equivalent to twice
Norway's annual greenhouse gas emissions. Currently entering the concept phase,
an investment decision for Polaris and the Barents Blue project is expected
towards the end of 2022.