Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Carbon Centric and Fidelis New Energy enter into letter of intent for onshore CO2 storage

This image opens in the lightbox

News provided by

Fidelis New Energy, LLC , Carbon Centric AS

30 Aug, 2023, 13:27 GMT

Share this article

Share toX

Share this article

Share toX

COPENHAGEN, Denmark, Aug. 30, 2023 /PRNewswire/ -- Carbon Centric AS ("Carbon Centric") and Fidelis New Energy Europe ApS ("Fidelis") have signed a letter of intent to safely and permanently store CO2 emissions of Carbon Centric's clients', utilizing Fidelis' recently announced Norne Carbon Storage Hub ("Norne") in Denmark. This agreement is a milestone accomplishment for the decarbonization of smaller and medium sized biogenic and hard-to-abate emitters in Northern Europe. This agreement ensures that companies aspiring to be front runners in carbon capture and storage ("CCS") can store captured CO2 by 2027.

Continue Reading
This image opens in the lightbox
Receiving facility for the Norne Carbon Storage Hub

Carbon Centric plans to initiate installations of capture equipment on its customers' facilities in 2024 and is expected to store at least 800,000 tons of CO2 annually with Norne by 2027. The CO2 from Carbon Centric will be transported to Fidelis' CO2 reception facility at the Port of Aalborg. Carbon Centric has long been a leader in carbon management with capture projects already underway in Norway and Iceland and prospective capture projects in Denmark and Sweden.

On May 15th 2023, Fidelis announced the Norne Carbon Storage Hub, an onshore CO2 storage network in Denmark. Norne provides CO2 emitters the option to access a safe and cost-effective decarbonization solution designed to help Denmark achieve its ambitious 2030 and 2050 climate goals. Norne is scheduled to commence CO2 storage operations in 2027 for Carbon Centric and aims to store more than 20 million tonnes per year by 2030. Carbon Centric joins a growing list of Norne customers seeking carbon storage that is safe, ESG-friendly, and economically advantaged.

Since 2021, Carbon Centric has been working to provide low-cost carbon capture solutions for existing waste and biomass combined heating and power plants. Carbon Centric offers to build, own, and operate carbon capture plants for small and medium-sized waste and biomass facilities, providing the opportunity for asset owners to reduce their emissions without the high investment cost. Carbon Centric also offers affordable and turnkey carbon capture plants for the same market, taking care of everything from Front End Engineering Design, construction, installation, operations, and maintenance.

"At Carbon Centric we have been looking for a company like Fidelis that will be able to ensure cost-effective large scale carbon storage for our clients. Norne is visionary with its ability to scale up quickly and will allow us to build out our businesses together", said Kenneth Juul, Carbon Centric Chief Commercial Officer and Co-Founder. "With Denmark's foresight of moving quickly toward onshore carbon storage and with Fidelis' plans and prior three years of work on the Norne vision to provide carbon storage solutions on both Jutland and Zealand, we see a great opportunity to expand our activities in Denmark. Our ambition is to provide affordable full value chain CCUS solutions for our clients and make large-scale CO2 reductions by helping small to medium sized facilities decarbonize. With this partnership we are well positioned to reach our ambitious CO2 storage targets and thereby help Denmark and the EU decarbonize", Kenneth Juul concluded.

"We are thrilled to be able to provide a safe and cost-effective decarbonization solution for Carbon Centric and their clients. Carbon Centric provides turnkey carbon mitigation services for small and medium sized emitters and allows these companies to implement climate change solutions now. We are proud to be able to work collaboratively with Carbon Centric in delivering these services to their clients," said Ulrik Weuder, Managing Director of Fidelis New Energy Europe. "Norne enables the safe and environmentally friendly decarbonization of key segments of the Danish and European economies while ensuring industries remain globally competitive due to the low overall costs of CO2 mitigation," added Bengt Jarlsjo, Co-Founder, President, and Chief Operating Officer of Fidelis. "This announcement with Carbon Centric is an important milestone for the decarbonization of Denmark and Northern Europe. We look forward to our continued collaboration with Carbon Centric."

About Carbon Centric

Carbon Centric is a pure play CCUS project and service company which is actively working to reduce global carbon emissions by accelerating the implementation and roll-out of carbon capture capabilities. The company has a particular focus on waste-to-energy and biomass-to-energy plants. In order to install carbon capture capacity at a high pace, they are catering to both the CCS and the CCU markets, and they take the responsibility for downstream handling of CO2. Carbon Centric is developing a significant portfolio of CCUS projects and aims to install more than 2 million tons of capture capacity by 2028. Their first full-scale carbon capture plant will be in commercial operation by the end of 2024. To learn more about Carbon Centric, please visit www.carboncentric.no.

About Fidelis New Energy

Fidelis New Energy, LLC is an energy transition company driving decarbonization through investments in carbon capture and storage, renewable fuels, and low or negative carbon intensity products in Europe and the United States of America. Fidelis utilizes an "all of the above" energy philosophy with a focus on reducing carbon intensity by innovating new technologies through the integration of proven technologies.

Fidelis New Energy is headquartered in Houston, Texas with offices in Copenhagen, Denmark (European Headquarters), and Baton Rouge, Louisiana. Fidelis also has a portfolio of patent pending technologies providing climate benefits through the innovative integration of proven technologies. To learn more about Fidelis and its technologies, including FidelisH2®, H2PowerCool™, and CO2PowerGrow™ please visit http://www.fidelisnewenergy.com/.

Media contact:
info@fidelisinfra.com

Photo - https://mma.prnewswire.com/media/2197279/Norne_Rendering_For_Release_05_14_2023___10MB.jpg
Logo - https://mma.prnewswire.com/media/1773484/FIDELIS_NEW_color_Logo.jpg

Modal title

Also from this source

Norne and Port of Aalborg Sign 30-Year Exclusive Agreement, Accept EU CEF Grant and Launch Construction of CO2 Hub

Norne and Port of Aalborg Sign 30-Year Exclusive Agreement, Accept EU CEF Grant and Launch Construction of CO2 Hub

Since establishing an exclusive partnership in 2021, the Norne Carbon Storage Hub ("Norne"), a Fidelis New Energy, LLC portfolio company, and the...

Fidelis' AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana

Fidelis' AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana

AtmosClear BR, LLC ("AtmosClear"), a portfolio company of Fidelis, announced that it has signed a contract with Microsoft for 6.75 million metric...

More Releases From This Source

Explore

Environmental Products & Services

Environmental Products & Services

Utilities

Utilities

Green Technology

Green Technology

Oil & Energy

Oil & Energy

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.