OREANDA-NEWS The Magnum gas power plant has three combined cycle gas turbines (CCGT) with a capacity of 440 MW each. One CCGT emits approximately 1.3 million tons of CO2 per year.

The technology for producing hydrogen by converting natural gas into hydrogen and CO2 is proven and known. The new element is to design a large-scale value chain.

“Designing a large-scale value chain where production of hydrogen from natural gas is combined with CO2 capture, transport and storage can open up new business opportunities”, says Rummelhoff.

So far, high costs combined with lack of CO2 storage facilities have limited the development of a low-carbon value chain for hydrogen based on natural gas.

In 2016, the Norwegian government initiated a new national CO2 capture, transport and storage project. Studies confirmed the feasibility of storing CO2 on the Norwegian continental shelf, with high storage capacity and the potential to expand the facilities to manage additional CO2 volumes beyond the initial demonstration project.

If the Norwegian CCS demonstration project is realized, this may open up for future CO2 storage from other projects, including the joint Vattenfall, Gasunie and Statoil project.