Green fuels

Development of the next generation of carbon-free fuels

Next generation of carbon-free fuel for shipping and other transport.

Transportation alone accounts for more than 25 % of the greenhouse gas emissions in the EU, according to the EEA. Sustainable fuels are crucial for the success of decarbonisation in shipping and energy-intensive industries.

North Ammonia

Ownership share

50%

Partner

Grieg Edge

Strong energy and maritime capabilities enabling a differentiated end-to-end ammonia concept. Attractive emerging market opportunity. Complementary partners with expertise across the value chain. Unique credibility and access to customers. Scalable concept with diversified pipeline.

Focus areas

Targeting the emerging offshore windpower markets in Scandinavia, the Baltics and beyond.

Developing energy parks in the Norwegian market, facilitating the establishment of power intensive, green industry.

Small scale hydropower projects utilizing the height of falls in the Arendal watercourse. Looking at opportunities to expand the portfolio.

Innovative and cost-efficient solutions to solve the energy transmission needs of future offshore wind farms.

Targeting a position in the battery industry and exploring synergies with Arendals Fossekompani’s battery initiative Ampwell.

Working towards taking a position within the solar value chain, considering solar photovoltaics (PV) as well as heating- and cooling technologies.

Seeking to enter the field of carbon capture, an important emissions reduction technology that can be applied across the energy system.