Oslo energy storage association

How much CO2 does Oslo emit a year?

The waste-to-energy plant at Klemetsrud is currently responsible for 17 per cent of the city’s emissions, and is the biggest single emitter of CO2 in Oslo. From 2026, up to 400,000 tonnes of CO2 will be captured each year. This corresponds to the annual emissions from 200,000 cars.

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.

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).

Will Hafslund eco get a loan from Oslo?

The City of Oslo is pledging an existing shareholder loan to Hafslund Eco as collateral so that the company can borrow up to NOK 2.1 billion to fund the municipality’s share of the project. “In future, it will be more expensive to pollute.