Norwegian CO2 capture project saved by Fortum divestment

Billions of Norwegian kroner needed to ensure the survival of a CO2 capture project at waste-to-energy plant in Oslo will now come from new investors in Fortum Oslo Varme after the Finnish energy giant divested its stake.
The Klemetsrud waste-to-energy plant. | Photo: Fortum
The Klemetsrud waste-to-energy plant. | Photo: Fortum
BY ANNE FILBERT, TRANSLATED BY CHRISTOFFER ØSTERGAARD

It seemed as if the CO2 capture efforts at the Klemetsrud waste-to-energy plant was a non-starter. The project was passed over for EU subsidies back in November, grinding the plans to a halt.

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