Oslo heavy industry energy storage cabinet

Is stationary energy storage a good idea in Norway?

Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability. These are impressive records. Even so, stationary energy storage is beginning to steal the limelight.

Will Norway's largest waste-to-energy plant become a reality?

Norway’s largest waste-to-energy plant has secured funding that will enable capture and storage of 400 000 tonnes of CO2. -Seeing is believeing, said Bellona founder Frederic Hauge about the Klemetsrud CO2 capture and storage project in 2015. By 2026, the world’s first waste-to-energy plant with full-scale CCS will finally become reality.

How much money will Oslo bring to the project?

The City of Oslo and the companies will bring up to 6 billion NOK (620 million EUR) to the table, said Raymond Johansen. This amount is necessary for the project to be fully funded. The Norwegian state has already given a funding guarantee of 3 billion NOK (310 million EUR).

Who are Norway's Big Three battery cell companies?

A few years ago, Norway’s big three battery cell companies – Beyonder, FREYR Battery and Morrow Batteries – were only promising, high-tech blueprints. “Now these large projects are mature. They are talking to potential clients.

Why is Norway integrating into the European battery ecosystem?

In a shifting global battery landscape, Norway is increasingly integrating into the European battery ecosystem. This is an intentional move by all parties, as reaching global climate targets becomes more urgent for each passing year and geopolitical developments fuel action for European energy independence.