Norway air energy storage project

4 FAQs about [Norway air energy storage project]

How much CO2 can Norway Store a year?

Phase 1 of Norway’s first carbon capture and storage project, which started operations in September 2024, can store 1.5 million tonnes of CO2 annually, equal to the emissions of about 750,000 cars annually.

What is compressed air energy storage (CAES)?

Compressed Air Energy Storage (CAES) offers potential, but faces challenges including poor efficiency and reliance on fossil fuels. In this context, the EU-funded Air4NRG project aims to improve long-term energy storage. Specifically, it targets over 70 % round-trip efficiency, sustainability, and integration with the grid.

Is compressed air energy storage a viable alternative?

Current long-term energy storage is mainly provided by Pumped-Storage Hydroelectricity (PSH). Compressed Air Energy Storage (CAES) has appeared for decades as a credible alternative but its poor energy efficiency, the need of fossil fuels and the use of existing underground cavities as storage reservoirs have limited its development.

How important is Northern Lights in achieving Europe''s net-zero emissions targets?

With the announcement of Phase 2 in March 2025, this capacity is expected to grow dramatically to increase storage to at least 5 million tonnes per year by 2028. This scalability highlights Northern Lights’ importance in reaching Europe’s net-zero emissions targets. The significance of the project goes beyond Norway.

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