Norway has canned funding for a full-scale carbon capture project. The Norwegian Government said the CO2 development at Mongstad will be “discontinued” and replaced by a Carbon Capture and Storage (CCS) programme.
Norway’s Technology Centre Mongstad (pictured) which is one of the world’s largest and most advanced, will be continued and strengthened.
Minister of Petroleum and Energy Ola Borten Moe said: “A full-scale CO2 capture facility is still the objective. The Government has, however, concluded, after careful consideration, that the risk connected to the Mongstad facility is too high and has for that reason decided that the work on the full-scale facility will be discontinued.”
He said integrating a full-scale capture facility at Mongstad would be both challenging and costly. Instead Norway plans to give the research centre – Technology Centre Mongstad – NOK 400 million (£41m) over four years.
Bård Vegar Solhjell, Minister of Environment added: “We are at a crossroads and have to consider if the full-scale CCS project should be continued at Mongstad.”
The decision comes as Norway’s governing party lost a general election earlier this month and are set to leave office shortly.