The EFTA Surveillance Authority approves largest single state aid award it has ever approved by allowing the Norwegian Carbon Capture and Storage project

ESA approves Norwegian Full-Scale Carbon Capture and Storage: up to €2.1bn in aid to meet climate goals* The CCS Full-Scale project is a central part of Norway’s efforts to reduce its carbon footprint and meet the European goal of climate-neutrality by 2050. It is the largest single state aid award ever approved by the EFTA Surveillance Authority (ESA). Carbon Capture and Storage (CCS) has been recognised by the European Union as key to reducing the harmful environmental effects of carbon-intensive sectors (such as construction), where emissions are difficult to avoid. By supporting the project, the Norwegian government aims to facilitate further scaling up of CCS globally, by sharing knowledge and experience. The project will establish infrastructure for capture, transport and

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EFTA Surveillance Authority, The EFTA Surveillance Authority approves largest single state aid award it has ever approved by allowing the Norwegian Carbon Capture and Storage project, 17 July 2020, e-Competitions September 2020, Art. N° 96455

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