Northern Lights discussed CCS with the Prince of Wales
March 2, 2023
Northern Lights participated in the official visit to the United Kingdom by TRH Crown Prince Haakon and Crown Princess Mette-Marit of Norway on March 1 and 2, to discuss the role of CCS in the green industrial transition. Managing Director Børre Jacobsen spoke to the Prince and Princess of Wales on how Norway and UK can collaborate in establishing a commercial European CCS market.
“Norway and UK have a lot in common. Representing the largest storage potential of CO2 in Europe, together we can pave the way for decarbonisation of European hard-to-abate industries. Northern Lights are committed to continue the collaboration with our peers in the UK,” said Børre Jacobsen.
Long strategic collaboration
Norway and UK signed an MoU on collaboration for Carbon Capture and Storage (CCS) in 2018. In May 2022, Northern Lights signed an MoU with Cory, one of UK’s leading waste management and recycling companies. During the Norwegian-British Business Summit in London on 1 March 2023, the Norwegian Minister of Foreign Affairs and UK Secretary of State for Energy Security and Net Zero signed an annex to the CCS MoU to strengthen the cross-border collaboration on hydrogen.
The visit by the Norwegian Crown Prince and Princess celebrated the long history of close relations between Norway and the UK, with the purpose of promoting a strengthened business sector cooperation on energy and the green industrial transition. The Business Summit in London hosted by Innovation Norway brought together industry leaders from Norway and UK.
Børre Jacobsen participated in a panel discussion on industry decarbonisation together with President of Yara Clean Ammonia, Magnus Krogh Ankarstrand and CEO of Aker Carbon Capture, Valborg Lundegaard, amongst others. Jacobsen discussed how Northern Lights can support UK’s decarbonisation ambitions through both knowledge and experience sharing, as well as CO2 storage capacity.