Enova allocates NOK 700 million to accelerate Norway’s CCUS industry

Enova’s strengthened CCUS funding aims to bring small and medium-sized companies into the emerging CO₂ value chain opening new opportunities for innovation, technology development and industrial collaboration.

With Northern Lights becoming operational, Norway is entering a new phase for carbon capture and storage. The Norwegian Government and Enova are now taking the next step in building a Norwegian CCUS industry.

Following the establishment of large-scale infrastructure projects such as Northern Lights, the focus is increasingly shifting towards developing a broader supplier industry and involving small and medium-sized companies across the CO₂ value chain.

For Norwegian industry, this could create opportunities within areas such as:

• CO₂ capture technologies
• Maritime transport and logistics
• Monitoring and sensor systems
• Subsea solutions
• Digitalisation and automation
• Infrastructure and storage solutions
• Engineering and operational services

Mobilising industry and R&D collaboration

– We have already seen growing interest from companies looking to position themselves within the emerging CCUS market, says Atle Dåvøy, Innovation Manager in GCE Ocean Technology.

Through the CCUS Resource Group, our cluster is working to connect companies, research environments and public stakeholders to help identify opportunities for innovation projects and industrial collaboration.

– We also assists companies in exploring funding opportunities through programmes such as Enova, CLIMIT, Innovation Norway and Horizon Europe, says Jon Hellevang, R&D Manager in GCE Ocean Technology.

– Norway has now established important parts of the infrastructure needed for large-scale CO₂ management. The next phase will require stronger industrial mobilisation and involvement from suppliers and technology companies across several sectors, adds Dåvøy (photo).

Course to strengthen CO₂ value chain competence

In parallel with project mobilisation, GCE Ocean Technology is also exploring the establishment of a dedicated CCUS course for industry and businesses.

– The ambition is to strengthen competence related to CO₂, carbon capture and the complete value chain associated with transport, storage and utilisation of CO₂, says Dåvøy.

– Moreover, we aim to provide companies with increased understanding of technologies, regulatory frameworks, business opportunities and practical implementation of CCUS solutions.

Western Norway is considered particularly well positioned for this development due to its strong industrial expertise within maritime operations, subsea technology, offshore energy, logistics and process industries.

If you would like to learn more about our CCUS initiatives, do not hesitate to contact us.