Facilitating business development

  Edit: February 2018
Access to infrastructure for the transportation and storage of CO2 can facilitate business development. 
Photo: Styrk Fjærtoft

Emissions-intensive Industry, can retain a right to life under a strickter climate regime if a CO2 infrastructure is available. New industries may wish to establish themselves in proximity to infrastructure of this kind because it enables the production of climate-friendly products. There are grounds to expect increased demand for climate-friendly products as climate requirements become stricter. In Norway, this could mean that domestic industry will be more competitive compared with other nations that do not have infrastructure of this kind available.

The production of pure hydrogen based on natural gas, emission-free cement, steel and chemicals are examples of industries that can benefit from CO2 infrastructure. Additionally, waste- to-energyis an industry that has shown an interest in dealing with its CO2 emissions.

Through the project, those technology suppliers and teams involved can also be given the opportunity to increase their ability to sell technology and knowledge to the upcoming project. This can also contribute to business opportunities.