1 day ago · The first phase of the project has a storage capacity of 1.5 Mt CO 2 /year, which has been fully booked by customers from Norway and Continental Europe.
Mar 27, 2025 · Northern Lights is part of the larger Norwegian full-scale Longship CCS project that includes capturing CO 2 from industrial sources and shipping
Sep 9, 2019 · Corvus Energy, the Norwegian-Canadian designer and manufacturer of energy storage solutions for marine propulsion and electrical systems opens a new automated battery
Aug 1, 2025 · Detailed info and reviews on 28 top Renewable Energy companies and startups in Norway in 2025. Get the latest updates on their products, jobs, funding, investors, founders
Paris, September 26, 2024 – TotalEnergies and its partners, Equinor and Shell, announce the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in
Sep 30, 2024 · The Norwegian Minister of Energy officially opened the Northern Lights CO 2 transport and storage facility in Øygarden, near Bergen, Norway. The Northern Lights facility is
21 hours ago · World''s first CO2 storage site injects carbon 1.6 miles below seabed in Norway The first phase of the project is part of Longship the Norwegian government''s full-scale carbon
Oct 24, 2024 · The following two days, 30-31 October, will focus on developing and installing energy storage systems on ships to boost energy efficiency, reduce emissions and improve
Oct 30, 2024 · A leader in green energy technologies, or a hypocritical nation that still makes its money from oil and gas? Norway says it is in an "energy transition", but what does that really
20 hours ago · Norway has taken a major step towards its ambition of becoming a hub for permanent CO2 storage, as the Northern Lights facility – a joint venture between petroleum
Where is solar energy produced in Norway? Located in the Northern Temperate Zone, Bergen, Vestland, Norway exhibits a unique seasonal variation in solar energy production. During the
Jun 13, 2025 · Today, the Norwegian Ministry of Energy announces an offer for a new exploration license related to CO2 storage on the Norwegian continental shelf. The license is in the North
May 15, 2020 · Equinor, Shell and TotalEnergies are investing in the Northern Lights project — Norway''s first licence for CO₂ storage on the Norwegian Continental Shelf and a major part of
Northern Lights carbon dioxide transport and storage facilities at Øygarden outside Bergen (Photo: Northern Lights) The Northern Lights CO 2 transport and storage facility, in Øygarden, near Bergen, Norway, was officially opened on 26 September. It is a joint venture between Equinor, Shell and TotalEnergies.
The full-scale project includes capture of CO 2 from industrial sources and shipping of liquid CO 2 to an onshore terminal on the Norwegian west coast. From there, the liquified CO 2 will be transported by pipeline to an offshore storage location subsea in the North Sea, for permanent storage.
The Energy Park is located in Øygarden, which is an industry-friendly municipality in Vestland county, a 45-minute drive from Bergen city center. It is situated by the main shipping lane with proximity to the traffic hub and industrial clusters at Ågotnes, where Bergen's freight port will also be located.
The Northern Lights CCS project off the coast of Norway, which will begin operation by 2024, has enough storage for the equivalent of 750,000 car emissions every year in the first phase. Equinor’s Smeaheia storage site, located to the south of Northern Lights, has the potential to increase storage capacity many times over.
The global industrial and commercial energy storage market is experiencing explosive growth, with demand increasing by over 250% in the past two years. Containerized energy storage solutions now account for approximately 45% of all new commercial and industrial storage deployments worldwide. North America leads with 42% market share, driven by corporate sustainability initiatives and tax incentives that reduce total project costs by 18-28%. Europe follows closely with 35% market share, where standardized industrial storage designs have cut installation timelines by 65% compared to traditional built-in-place systems. Asia-Pacific represents the fastest-growing region at 50% CAGR, with manufacturing scale reducing system prices by 20% annually. Emerging markets in Africa and Latin America are adopting industrial storage solutions for peak shaving and backup power, with typical payback periods of 2-4 years. Major commercial projects now deploy clusters of 15+ systems creating storage networks with 80+MWh capacity at costs below $270/kWh for large-scale industrial applications.
Technological advancements are dramatically improving industrial energy storage performance while reducing costs. Next-generation battery management systems maintain optimal operating conditions with 45% less energy consumption, extending battery lifespan to 20+ years. Standardized plug-and-play designs have reduced installation costs from $85/kWh to $40/kWh since 2023. Smart integration features now allow multiple industrial systems to operate as coordinated energy networks, increasing cost savings by 30% through peak shaving and demand charge management. Safety innovations including multi-stage fire suppression and thermal runaway prevention systems have reduced insurance premiums by 35% for industrial storage projects. New modular designs enable capacity expansion through simple system additions at just $200/kWh for incremental capacity. These innovations have improved ROI significantly, with commercial and industrial projects typically achieving payback in 3-5 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (1-2MWh) starting at $330,000 and large-scale systems (3-6MWh) from $600,000, with volume discounts available for enterprise orders.