North Sea CO2 Value Chain
A French-Norwegian post Cop21 cross industry project
The French-Norwegian Chamber of Commerce and its Board has just initiated an ambitious project to assess potential for a Post COP21 French-Norwegian cross industry collaborative approach to Carbon Capture Utilization and Storage (CCUS). This project comes as a natural follow-up on the energy value chain decarbonisation ambition set by both France and Norway during the COP21 summit. Recent CCS initiatives struggled because of the low CO2 price in Europe. The originality of our project is to focus on a sustainable business model connected to the utilization of the CO2 on a cross-industry and transnational frame.
We organised the 7th of June in Pau a workshop dedicated to discuss this issue with all French and Norwegian stakeholders. We managed to gather 40 top representatives from 25 companies and organizations from the whole value chain: Gas users, CO2 emitters, Oil & Gas operators, Technology providers, State entities (French Ministry of the Environment, Energy and the Sea and the Norwegian Ministry of Petroleum and Energy), financial institutions and Service firms. Quality of presentations from all the experts and debates allowed us to define a new scope of work and time line for our project.
For further information about this project, please contact Ludovic Caubet, Managing Director - caubet(@)ccfn.no
