K2 Project Forwarding completes deliveries for Brevik CCS project
K2 Project Forwarding, a joint venture by Peak Group and deugro group, has completed the delivery of equipment for the Brevik carbon capture (Brevik CCS) project.
In December 2020, the Norwegian parliament approved the investment in a full-scale carbon capture facility at the HeidelbergCement Norcem plant in Brevik, Norway. The Brevik carbon capture and storage (CCS) project will enable the capture of 400,000 tonnes of CO2 per year and the transportation for permanent storage, making it the first industrial-scale CCS project at a cement production plant in the world. The total investment in the project is estimated at NOK 11.2 billion ($1.1 billion).
The goal is to start CO2 separation from the cement production process by 2024. The end result will be a 50 percent cut of emissions from the cement produced at the plant.
K2 Project Forwarding noted in a brief statement that Northern Lights will be responsible for the transportation of liquid CO2 to temporary storage in Øygarden outside of Bergen and thereafter permanent storage below seabed on the Norwegian continental shelf.
At the end of August, Yara and Northern Lights have signed the world’s first commercial agreement on cross border CO2 transport and storage. This is groundbreaking for the decarbonisation of European heavy industry, opening the market for cross border CO2 transport and storage as a service. It is also a major milestone towards achieving Yara’s own net zero targets.
Northern Lights is part of Longship, the Norwegian Government’s full-scale carbon capture and storage project. The Longship project reflects the Norwegian government’s ambition to develop a full-scale CCS value chain in Norway by 2024, demonstrating the potential of this decarbonisation approach to Europe and the world.
Deliveries have been completed in cooperation with the project logistics specialist deugro and the shipping company Meriaura.
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