The Norweigan state owned carbon capture firm Gassnova has extended a €85 million grant for carbon capture research to the CO2 research centre at Mongstad.
The Mongstad centre is a joint venture between Gassnova, Statoil, Shell and Sasol.
The EFTA Surveillance Authority (ESA) said: “Making carbon capture work is important for the whole of EEA, and Norway is making a key contribution with the grants for the CO2 Technology Centre Mongstad”.
This news comes after the International Energy Agency (IEA) highlighted global governments failures to support carbon capture technology. The IEA has also said that carbon capture is essential for achieving international climate goals, saying: “we can’t get there without CCS”.