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Oslo Varme incineration plant makes it to second round of EC funding assessment
Date posted:
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Post Author
Patrick LaveryCombustion Industry News Editor
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As foreshadowed in the previous edition of Combustion Industry News, Fortum’s Oslo Varme incineration plant has been shortlisted by the European Commission for funding for the installation of a carbon capture facility. Seventy projects were shortlisted from a total of 311 applications, with Fortum applying for just under €300 million (US$356 million) of the EU Innovation Fund’s total of €1 billion (US$1.19 billion) – a significantly large portion of the fund. As noted previously, however, with the carbon capture installation a part of the wider Project Longship (which will transport and store capture CO2 in the North Sea), and having already secured conditional funding from the Norwegian government, and offering the potential for ‘negative’ emissions, one would image that the project has a significant chance of receiving funding. A final decision is expected before the end of this year.