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Norway's wealth fund sold its investments in oil and gas fossil fuel companies

Investments in Oil and Gas in Norway Increase in 2020 Despite Environmental Push, COVID Pandemic

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Norway
Norwegian-sea
Oceans-general
Oceans
North-sea
Norwegian
Jon-georg-dale
Kari-elisabeth-kaski
Progress-party
Norwegian-petroleum-directorate-ingrid
Energy-tina-bru
Oil-fund

Longyearbyen in Arctic Norway to shut down coal-power plant

The Longyearbyen coal-power plant. (Thomas Nilsen/The Independent Barents Observer) Still unclear which replacement will be chosen for heat- and electricity production, but the Government assures it will be a more climate friendly solution. Longyearbyen Heat and Power Plant is the only energy producer in Norway running on coal. Together with the coal power plant in the Russian settlement Barentsburg on Svalbard, it is also the world’s northernmost. To be presented in the state budget for 2022, the Government is now working on a new energy plan for Longyearbyen. “A great deal of work is done in assessing possible energy solutions in recent years. This autumn, we have taken important steps forward trying to find out how we can establish a new solution for Longyearbyen,” says Minister of Petroleum and Energy Tina Bru.

Norway
Longyearbyen
Svalbard-general
Svalbard
Barentsburg
United-states
Alaska
Finland
Canada
Quebec
Russia
Russian

Norwegian Government gives go ahead for £2bn CCS project

Norwegian Government gives go ahead for £2bn CCS project The first phase of the project, which will capture, transport and store carbon dioxide in the Northern North Sea, will be completed in 2024 Image: Equinor The Norwegian Government has greenlighted the final investment decision for the £2 billion Northern Lights carbon capture and storage (CCS) project. The project includes the shipping, capture and storage of carbon dioxide in the Northern North Sea, approximately 2,600 metres below the seabed. The move will enable the partners of the project, Total, Equinor and Shell, to launch the construction phase of Northern Lights, which will transport liquid carbon dioxide from capture facilities to a terminal at Øygarden in Vestland County.

Norway
Vestland
Oppland
Paris
France-general
France
Norwegian
Anders-opedal
Patrick-pouyann
Energy-tina-bru
Shell
Norwegian-government

WATCH: Norway unveils wind energy research centre

NorthWind will work on innovations to make the sector cheaper, more efficient and more sustainable 11 December 2020 Norway has unveiled plans for a wind energy research centre called NorthWind, to work on innovations to make the sector cheaper, more efficient and more sustainable The Norwegian Minister of Petroleum and Energy Tina Bru said Nkr120m (€11.3m) will be invested in the facility, which will prioritise offshore wind research. It will be led by the research institute Sintef, with partners Norwegian University of Science and Technology, Norwegian Institute for Nature Research, Norwegian Geotechnical Institute) and the University of Oslo. Northwind will bring together over 50 partners from research institutions and industry all around the world, including Equinor, Aker Offshore Wind, Fred Olsen Renewables, Fugro, Nexans and Statkraft.

Norway
Oslo
Norwegian
Alexandra-bech-gjorv
Norwegian-institute-for-nature-research
Sintef
Energy-tina-bru
Norwegian-geotechnical-institute
Fred-olsen-renewables
Norwegian-university-of-science
University-of-oslo
Norwegian-minister

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