Policy & Regulation

Norway’s FEED decision may boost CCS prospects

Carbon capture and storage has made little progress in Europe, but Norway’s decision to move ahead with a FEED study for a full-scale demo project is a positive step Carbon capture and storage has made little progress in Europe, but Norway’s decision to move ahead with a FEED study for a full-scale demo project is a positive step.
By Peter Stewart 4 June 2018 0 31129
TCM plant at Mongstad. (Gassnova) With around half of the world’s energy likely to still be fossil-based in 2050, CCS is desperately needed. (Gassnova)

Uncertainty about the future role of fossil fuels in the power mix has stymied the progress of carbon-capture-and-storage (CCS) projects in Europe for years. Despite the region’s leadership role in climate policy, other parts of the world have made greater strides in turning CCS into a commercial reality. However, Norway’s decision in May to proceed with a FEED study for a full-scale demonstration project for CCS could boost the prospects of the embattled technology.

The Intergovernmental Panel on Climate Change and the International Energy Agency have...