EnergyWatch

CCS front-runner starts off with deficit

Norway's Aker Carbon Capture lost EUR 4.3 million after its first half year, although its CEO has seen developments spurring confidence in the future.

Photo: Aker Carbon Capture PR

Amid the Covid crisis, company Aker Carbon Capture was spun off from Aker Solutions as an independent unit.

This circumstance, alongside the fact that carbon capture and sequestration (CCS) remains in its infancy, has meant that the company is struggling to turn a profit, shows the interim report for the fourth quarter issued Friday morning CET.

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