Our ambitions for Northern Lights
The Northern Lights CCS project off the coast of Norway 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.
In 2022, Northern Lights secured the world’s first commercial agreement on cross border CO2 transport and storage with fertilizer company Yara International. This was a milestone for the decarbonization of European heavy industry, opening for cross border CO2 transport and storage as a service.
Equinor is already one of the largest CCS operators worldwide. We have ambitions to develop further storage licenses in the North Sea with the aim to build a common, pipeline-based infrastructure that can contribute to substantial cost reductions for CCS value chains.