Aker Carbon Capture

Environmental & Social Information • Jul 7, 2021

Aker Carbon Capture to Explore Opportunities for CO\2\ Capture at BIR in Bergen

Aker Carbon Capture to Explore Opportunities for CO\2\ Capture at BIR in Bergen

Waste management company BIR has signed an agreement with Aker Carbon Capture to

explore possibilities for a future carbon capture plant at their waste to energy

plant in Rådal outside Bergen on Norway's west coast.

BIR is one of Norway's largest waste management and recycling companies,

handling waste from more than 365,000 people and businesses in seven local

municipalities, which also own the company.

"BIR has carbon capture and storage (CCS) on the agenda and is exploring the

possibilities," said Borghild Lekve, CEO of BOB. "The feasibility study will be

conducted in 2021/22 and the goal is to gain increased insight into the

potential, cost and the industrial conditions for carbon capture in Rådal."

Carbon capture and storage has gained momentum in Scandinavia over the past

year, which has led to more projects progressing both on the capture and storage

side. Best known is Longship, the Norwegian full-scale demonstration project,

with its Northern Lights offshore storage facility and a land terminal at

Øygarden outside Bergen. The Øygarden terminal, only 60 km from Rådal, and

Northern Lights will have capacity to receive and store CO2 from several plants

in Norway and Europe from its completion in 2024.

"As a technology supplier to the Norwegian full-scale demonstration project, we

believe Aker Carbon Capture is a good partner for companies that want to

accelerate their journey towards lower emissions," said Valborg Lundegaard, CEO

of Aker Carbon Capture. "We are very impressed with BIR's long tradition as an

innovator in the energy and recycling market and look forward to supporting them

in this important journey."

ENDS

Media contact:

Ivar Simensen, mob: +47 464 02 317 (http://tel:+47 464 02 317), email:

ivar.simensen@akerhorizons.com

Investor contact:

Christian Yggeseth, mob: +47 915 10 000 (http://tel:+47 915 10 000), email:

christian.yggeseth@akerhorizons.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/).

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.