The Norwegian government has made room in its 2025 budget for a multimillion-dollar investment destined to be injected into its carbon capture and storage (CCS) project, described as a full-scale CO2 capture, transport, and storage development in line with the country's. . The Norwegian government has made room in its 2025 budget for a multimillion-dollar investment destined to be injected into its carbon capture and storage (CCS) project, described as a full-scale CO2 capture, transport, and storage development in line with the country's. . October 21, 2025 – Elinor Batteries has been awarded the contract to supply battery solutions for three large-scale battery parks in Southern Norway, boosting energy storage capacity, reducing grid costs, and supporting a faster transition to a low-emission society. . Norway is at the forefront of energy storage innovation, leveraging its rich hydropower heritage and cutting-edge technologies. The Illvatn project, with an estimated price tag of NOK1. 2 billion (US$113 million), is expected to begin construction in 2025, targeting 2028 or 2029 for full. . Norway's first carbon capture and storage project-the Northern Lights project, is a ground-breaking step in the fight against climate change. 5 million to more than 5 million tons. .
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