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Shell, Equinor & TotalEnergies' Northern Lights Secure New CCS Deal
Shell, Equinor, TotalEnergies secure new CCS deal via Northern Lights.
Context
What happened: Northern Lights, the CCS joint venture of Shell plc SHEL, Equinor ASA EQNR and TotalEnergies SE TTE, signed an agreement with Oresundskraft Kraft & Varme, owned by the City of Helsingborg, to transport and store CO2 from a waste-to-energy facility in Helsingborg.
Key numbers: Up to 200,000 metric tons of
Why it matters: The deal strengthens the Nordic region's position as a leading CCS hub and expands Northern Lights' cross-border CO2 network. A growing customer base may support increased utilization of the JV's infrastructure and facilitate expansion of its CCS operations.
What changed
Northern Lights, the CCS joint venture of Shell plc SHEL, Equinor ASA EQNR and TotalEnergies SE TTE, signed an agreement with Oresundskraft Kraft & Varme, owned by the City of Helsingborg, to transport and store CO2 from a waste-to-energy facility in Helsingborg.
Why it matters
The deal strengthens the Nordic region's position as a leading CCS hub and expands Northern Lights' cross-border CO2 network. A growing customer base may support increased utilization of the JV's infrastructure and facilitate expansion of its CCS operations.