Aalborg Portland and Fidelis New Energy enter into letter of intent for onshore CO2 storage
COPENHAGEN, Denmark and AALBORG, Denmark, June 8, 2023 /PRNewswire/ -- Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg. This agreement is a milestone accomplishment for the decarbonization of cement production, making Aalborg Portland an industry leader in carbon impact and further demonstrating Denmark's commitment to being a global leader in decarbonizing hard to abate industries.
- COPENHAGEN, Denmark and AALBORG, Denmark, June 8, 2023 /PRNewswire/ -- Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg.
- Fidelis' facility is planned to be established just a few kilometers from Aalborg Portland, and therefore, this letter of intent makes a lot of sense", says Michael Lundgaard Thomsen, CCO of Aalborg Portland.
- On 15 May 2023, Fidelis announced the Norne Carbon Storage Hub, an onshore CO2 storage network in Denmark for CO2 storage with plants in both Aalborg and Kalundborg.
- "It is fantastic that Fidelis and Aalborg Portland are joining forces on CO2 capture and storage in Aalborg.