Northern Lights at the 5th PCI Energy Days in Brussels

On November 4-5, Northern Lights JV joined key energy stakeholders at the 5th PCI Energy Days (Projects of Common Interest) in Brussels. The event focus on accelerating large-scale energy infrastructure through cross-border cooperation, financing, and modernisation to meet the EU’s 2030 climate targets. As a pioneer in CO₂ transport and storage, Northern Lights accelerates the EU’s decarbonisation efforts.

In the context of the event, Commissioner for Energy Kadri Simson and CINEA’s Director Paloma Aba-Garrote hosted a ceremony to mark the signature of five grant agreements under the Connecting Europe Facility for Energy with representatives of the awarded CO₂ networks projects.

Northern Lights, as awarded in December 2023 and approved in June 2024,  is one of four CO₂ transport and storage projects that was awarded CEF funding. The support of €131 million affirms Northern Lights’ crucial role in the EU’s 2030 decarbonisation objectives and enables the next phase of our project expansion.

Northern Lights is now ready to receive CO₂  from customers and to establish further commercial agreements across Europe. Today, we have two commercial agreements: one with Yara in the Netherlands to capture and store 800,000 tonnes of CO₂ from ammonia production in Sluiskil, and one with Ørsted to store 430,000 tonnes of biogenic CO₂ emissions per year from two power plants in Denmark. Both are set to start in 2026.

The Norwegian Continental Shelf has the highest theoretical storage capacity in Europe, and Norway will play an important part in offering the necessary CO₂ storage to reach European objectives for carbon capture and storage as part of the climate solution.