Climeworks and Northern Lights explore direct air capture project
Companies have agreed to investigate building full-chain CO<sub>2</sub> removal and storage in Norway
Climeworks and Northern Lights are jointly investigating the construction of a full-chain CO2 removal and storage project in Norway. The negative-emissions project could provide a solution for companies in non-industrial sectors to become carbon neutral or even carbon negative. Switzerland-based Climeworks specialises in supplying direct air capture technology combined with permanent CO2 storage. Its technology runs on renewable energy and waste heat and the modular design of its collectors means they can be stacked to almost any scale. Its technology can reach a net CO2 removal efficiency of more than 90pc, taking into account full life-cycle emissions, according to the company. “Comb
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells