Tag: Equinor

New joint industry programme launched to optimise the integration of offshore wind

Stuart Mitchell

A new joint industry programme launched by the Carbon Trust aims to maximise the contribution of offshore wind to a low cost, flexible, predictable and low carbon energy future. The Integrator programme has secured support from six major offshore wind farm developers: EnBW, Equinor, RWE, ScottishPower Renewables, Total and Vattenfall who will collaborate on a series of projects over the next year, as part of this first-of-a-kind, developer-led programme in this field.  The successful reduction in the levelised cost of energy (LCOE) of offshore wind has contributed to increased deployment…

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Equinor sets ambition to reach net-zero emissions by 2050

Stuart Mitchell

Equinor announces its ambition to become a net-zero energy company by 2050. The ambition includes emissions from production and final consumption of energy. It sets a clear strategic direction and demonstrates Equinor’s continued commitment to long-term value creation in support of the Paris Agreement. “Equinor is committed to being a leader in the energy transition. It is a sound business strategy to ensure long-term competitiveness during a period of profound changes in the energy systems as society moves towards net zero. Over the coming months, we will update our strategy…

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Leading energy companies form partnership to accelerate the development of offshore ‎transport and storage infrastructure for carbon emissions in UK North Sea‎

Stuart Mitchell

bp, Eni, Equinor, National Grid, Shell and Total have confirmed they have formed ‎a new partnership, the Northern Endurance Partnership (NEP), to develop offshore carbon dioxide ‎‎(CO2) transport and storage infrastructure in the UK North Sea, with bp as operator. This ‎infrastructure will serve the proposed Net Zero Teesside (NZT) and Zero Carbon Humber (ZCH) ‎projects that aim to establish decarbonized industrial clusters in Teesside and Humberside.‎ NZT and ZCH are at-scale decarbonization projects that will kick start decarbonization of industry and ‎power in two of the UK’s largest industrial…

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Equinor aims to cut emissions in Norway towards near zero in 2050

Stuart Mitchell

Equinor launches new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway by 40% by 2030, 70% by 2040 and to near zero by 2050. By 2030 this implies annual cuts of more than 5 million tonnes, corresponding to around 10% of Norway’s total CO2 emissions. “Equinor supports the Paris agreement and a net zero target for society. We have already brought CO2-emissions in the production process down to industry leading levels. We are now launching an unprecedented set of…

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HeidelbergCement and Equinor sign a memorandum of understanding on CO2 capture and storage

Stuart Mitchell

On 5 September, the Chairman of the Managing Board of HeidelbergCement, Dr. Bernd Scheifele, and the state-owned Norwegian energy Group Equinor signed a memorandum of understanding on the capture and storage (CCS) of CO2 at an international energy conference in Oslo. Since 2011, HeidelbergCement’s Norwegian subsidiary Norcem has been running a project dedicated to CO2 storage in the cement industry at its Brevik cement plant. The CCS project “Northern Lights”, which includes the project at the Brevik cement plant, has been initiated by the Norwegian government in three different industry…

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