Aker Carbon Capture

Environmental & Social Information • Dec 4, 2023

Aker Carbon Capture signs FEED contract with Hafslund Oslo Celsio for Norway's first waste to energy CCS project

Aker Carbon Capture signs FEED contract with Hafslund Oslo Celsio for Norway's first waste to energy CCS project

Aker Carbon Capture and Aker Solutions have signed the FEED contract with

Hafslund Oslo Celsio (Celsio) to develop carbon capture at the waste-to-energy

facility at Klemetsrud in Oslo, Norway.

The FEED contract follows Celsio's cost reduction initiative for the Oslo CCS

project and will be delivered based on Aker Carbon Capture's modularized Just

Catch 400 unit, with a design capacity to capture up to 400,000 tonnes of CO2

per year. As part of the cost reduction phase, new vendors were brought in to

present alternative solutions that could lower costs. On the basis of

feasibility and concept studies conducted, Aker Carbon Capture and Aker

Solutions were selected to perform a FEED with the framework for a possible

EPCIC.

Celsio's  CCS project is part of Longship, the full CCS value chain development

enabled by Norway's strong competence in both carbon capture and storage.

Longship will also include CO2 from another hard-to-abate sector, Heidelberg

Materials' cement plant in Brevik, where the carbon capture plant is delivered

by Aker Carbon Capture and Aker Solutions. Should Celsio move forward with the

CCS project, Aker Carbon Capture could be delivering 3 out of the 4 projects

currently being planned to deliver CO2 to Northern Lights storage.

Celsio's waste-to-energy facility at Klemetsrud is the largest carbon emitter in

Oslo and is responsible for 17% of the capital's fossil carbon emissions. The

facility treats household waste, and waste from industry and enterprises. The

waste treated at the facility consists of approximately 50 % biogenic CO2,

enabling the delivery of negative emissions. The carbon capture project is an

important contribution to reaching Oslo's climate goal and can provide unique

learnings for the European waste-to-energy industry, which includes close to 20

facilities in Norway and around 500 similar facilities across Europe. Aker

Carbon Capture is in the final stages of delivering Just Catch 100 at the Twence

waste-to-energy facility in the Netherlands.

On 24 November Aker Carbon Capture announced it had been awarded a FEED for

Hafslund Oslo Celsio's CCS project at Klemetsrud (see Aker Carbon Capture's

announcement on 24 November).

ENDS

Media contacts:

Aker Carbon Capture

Marianne Stigset, mob: +47 41 18 84 82 (http://tel:+47 41 18 84 82), email:

marianne.stigset@akerhorizons.com

Aker Solutions

Rebecca Cox, email: rebecca.cox@akersolutions.com

Hafslund Oslo Celsio

Truls E. A. Jemtland, mob : +47 92 02 94 80 (http://tel:+47 92029480), email:

truls.jemtland@celsio.no

Investor contacts:

David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:

david.phillips@akercarboncapture.com

Aker Carbon Capture is a pure-play carbon capture company with solutions,

services and technologies serving a range of industries with carbon emissions,

including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen

segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a

unique, environmentally friendly solution for removing CO\2\ emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect

with us on LinkedIn (https://www.linkedin.com/company/aker-carbon

-capture), Facebook (https://facebook.com/akercarboncapture),

Twitter (https://twitter.com/akercarbon),

Instagram (https://www.instagram.com/akercarboncapture/) and

YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press

release may include forward-looking information or statements and is subject to

our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).

Aker Solutions delivers integrated solutions, products and services to the

global energy industry. The company enables low-carbon oil and gas production

and develops renewable solutions to meet future energy needs. By combining

innovative digital solutions and predictable project execution Aker Solutions

aims to accelerate the transition to sustainable energy production. Visit

akersolutions.com for more information.

Hafslund Oslo Celsio (Celsio) is the largest supplier of district heating in

Norway and supplied 36% of the district heating generated in Norway in 2021. It

sold 1.8 TWh of district heating and generated 0.1 TWh of electricity. Celsio's

waste-to-energy plant at Klemetsrud, Oslo, is Norway's largest with a capacity

to end-treat 350,000 tonnes of waste per year. The company is also expanding its

activities to district cooling and fiber networks. The company employs

approximately 230 people. Celsio is owned by a Norwegian investor consortium

comprising Hafslund (60%), Infranode (20%) and HitecVision (20%).