Oslo develops energy storage

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.

How much CO2 will Stockholm exergi store?

The news comes following a signed commercial agreement with Stockholm Exergi to transport and store 900,000 tonnes/year (tpy) of biogenic CO 2 for 15 years. The Northern Lights project comprises transportation, receipt, and permanent storage of CO 2 in a reservoir in the northern North Sea.

How much did the Norwegian government pay for the Northern Lights project?

The Norwegian government covered about 80% of the cost for the first phase of the Northern Lights project. “The support from the Norwegian government and European Commission has been important contributing factors to successfully completing Phase 1 and advancing Phase 2.

Is Norway a good place to buy EV batteries?

An early adopter of electric transport, Norway continues to capture EV battery headlines. 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.