Ocean GeoLoop AS stated in a press release today they are very pleased to join forces with Herøya Industripark AS and leading industrial players in the Grenland region to achieve the ambition of a climate-positive industrial region by 2040.
"The industry cluster at Herøya leads the green transition for Norwegian industry, and we will jointly develop the infrastructure strategy for CO2 management and profitable value chains in the industry park and Grenland. By leveraging our technologies and network, we will operationalise this strategy through targeted carbon capture, utilization, storage (CCUS) and electricity generation projects," says Odd-Geir Lademo, CEO of Ocean GeoLoop.
Strong belief in groundbreaking capture technology
The recent years Herøya Industripark AS has participated in studies of existing amine-based capture technologies.
"We have identified several barriers to implementing such for the emission sizes in our park. A major challenge lies in the extensive use of potentially hazardous chemicals,” says Sverre Gotaas, CEO of Herøya Industripark AS.
"Ocean GeoLoop’s innovative solutions represent intriguing possibilities to bypass such challenges and other identified barriers with existing technology. We strongly believe Ocean GeoLoop’s groundbreaking capture technology has significant deployment potential in our industrial park. We are enthusiastic to develop the infrastructure strategy and to actively co-create the set of projects to secure large reductions in CO2 emissions and achieving higher speed in reaching our climate goal, thus to create a climate positive industry region in Grenland."
Text: Tone Brekke tone.brekke@hipark.no