A very important market that is quickly maturing

The Carbon Capture and Storage market plays a crucial role in achieving the zero emissions target set for 2050. Although the market has matured over the years, it needs to scale up to meet the growing demand. Normod Carbon is actively contributing towards this goal by developing an integrated infrastructure for the collection, transportation, and storage of CO2 in Northern Europe.

An enourmous potential to cut emissions.

According to the graph from Endrava, Northern Europe has substantial potential to capture and store CO2. In fact, it is estimated that there is potential to capture more than 1100 million tons of CO2 from close to 1500 facilities in the region where we operate.

Capture map from Aker Carbon/Endrava

Transport and storage infrastructure, the backbone of the carbon management industry.

According to IEA, carbon transport and storage is the backbone of the carbon management industry. Planned capacities for CO₂ transport and storage surged dramatically in the past year, but the capacities are insufficient to meet the around 1 200 Mt CO₂/yr by 2030 called for in the Net Zero Emissions (NZE) Scenario.

This is also mentioned in the Clean Air Task Force report which shows a lack of development in storage capacity, as shown in the figure below.

Targeting the hard to abate industrial emission.

Hard-to-abate industries include categories like steel, cement, and petrochemicals. Each uses carbon as an integral part of their process, and altogether this sector accounts for about 30% of the world's greenhouse gas emissions.

Normod Carbon offers services to these industrial emitters, as well as CO2 aggregators and capture hubs.

Starting in Northern Europe

The first step in our infrastructure is to collect CO2 from emitters around the Baltic and North Sea. We then transport it via our designated CO2 carriers to one of our hubs or directly to a storage site.

Please contact us to discuss your company's CTS plans or details about our infrastructure.

Outline of our preliminary logistics route.

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According to the International Energy Agency’s (IEA) Net-Zero Roadmap3, globally around 7.6 Gt will need to be captured per year by 2050. Currently, the CCS projects in operation have the capacity to capture and store about 50 megatonnes (Mt) of CO2 per year, meaning the use of CCS must increase at least 100-fold by 2050 to meet the net-zero roadmap laid out by the IEA.
International Energy Agency, Net-Zero by 2050