EnergyWatch

Major state aid will make or break Norwegian CCS

Norway wouldn't have been able to take a leading position in CCS if Oslo hadn't conceded to massive state support for the fledgling segment, says the country's state-owned CCS company, Gassnova. Further south, the Danish government says it's already given "enormous aid" to carbon capture and storage.

Cement plant Norcem enters the Longship concept, 67 percent of which is publicly supported. Photo: Staff/Reuters/Ritzau Scanpix

When the Norwegian government presented plans for the Longship project back in September, Oslo pledged to subsidize 67 percent of the investment, speaking of the carbon capture and sequestration (CCS) project as the "largest climate project ever in Norway".

Without that support, the undertaking wouldn't have been viable.

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