Equinor backs Beccs in joint Nordic initiative

Norwegian energy firm launches Njord Carbon project to scale up carbon-removal technology together with Sodra and Verdane

Norwegian state-owned energy company Equinor, Sweden’s largest forestry company Sodra and German investment firm Verdane have launched a joint initiative aimed at scaling up carbon removal technology in the Nordic region, with a focus on bioenergy with CCS (Beccs). Under the initiative, called Njord Carbon, the three companies will aim to drive forward Beccs projects capable of generating certified, waste-based CO₂ removal credits at a scale that makes them affordable. Njord Carbon is actively looking for additional partners with access to sustainable sources of waste-based, biogenic CO₂ and high-quality underground storage. It also wants to work with early movers in the carbon removals sect