KANFA and Carbon Centric Team Up for Carbon Capture Plant in Norway
- 02-Feb-2024 12:45 PM
- Journalist: Nicholas Seifield
KANFA, a distinguished process design and engineering company, has clinched a contract to develop a full-scale carbon capture plant in collaboration with Carbon Centric at a waste-to-energy facility situated in Rakkestad, Norway. This significant project represents a leap forward in environmental sustainability and underscores the commitment of both entities to mitigating carbon emissions.
The client, Carbon Centric, recently finalized the investment decision for the 10,000-ton carbon capture unit. The project received a green light following the approval of its permit by the Norwegian Environment Agency. The waste-to-energy facility, owned by electric utility Østfold Energi, boasts a unique position as the majority shareholder in Carbon Centric with a 45% stake. Beyond conventional post-combustion carbon capture, this comprehensive initiative also encompasses the treatment and liquefaction of the captured carbon dioxide (CO2) to meet food-grade quality standards.
To propel this ambitious venture forward, Carbon Centric has committed approximately $9.5 million. The company is dedicated to advancing the design of the carbon capture plant, with immediate initiation of fabrication and a target commissioning date set for spring 2025.
KANFA emphasizes that even smaller incineration plants can adopt carbon capture technology to effectively reduce emissions. The collaboration with Carbon Centric is anticipated to augment the environmental impact of the incineration plant by purifying flue gases and isolating CO2. This contribution aligns with Østfold Energi's ambitious emissions reduction goal by 2030.
In recent developments, Carbon Centric successfully raised approximately $11.4 million, welcomed Vardar and Obligo as new shareholders, secured a green loan from Norway’s largest bank DNB, and acquired $1.6 million through state-owned Enova. These financial endeavors underscore the robust support and momentum behind the Rakkestad project.
The primary objective of the Rakkestad project is to capture 10,000 tons of CO2 annually, leveraging KANFA's licensed proprietary amine solvent. Notably, in the absence of feasible storage options, Carbon Centric envisions capturing and selling CO2 for reuse, introducing an innovative approach to carbon management.
Collaboration is key to the successful implementation of the Rakkestad project. KANFA has forged partnerships with several local companies, including Slåttland Mek Industri, and has secured an agreement with Linde Gas for the supply of liquid CO2. This collaborative ecosystem ensures a seamless execution of the project and underscores the interconnected efforts aimed at achieving sustainable carbon capture solutions.
The partnership between KANFA and Carbon Centric in developing a carbon capture plant in Rakkestad, Norway, heralds a significant step toward environmental responsibility and innovation. The commitment to reducing carbon emissions, coupled with strategic collaborations and financial support, positions the Rakkestad project as a beacon of sustainable progress in the realm of waste-to-energy facilities. As the implementation unfolds, the world will keenly watch the impact of this initiative, potentially paving the way for broader adoption of carbon capture technology in waste management practices.