"2023 is coming to an end, and as the new year approaches, it is time for some reflection over the events and development that has shaped the company this past year.
2023 kicked off with a rough start, but this year have also been a year for great development as several milestones has been accomplished. The hard work and dedication put down by all the people at Horisont Energi the past year is nothing short of extraordinary. I am so proud of the team and how well positioned our projects are for 2024.
I said it last year, and I’ll say it again: Norway needs a company like ours. Pushing the boundaries as a scale up energy company with industrial scale plans to tackle the ever-pressing climate crisis. The world is really running out of time, and the time to wait for small scale innovation has passed. We still believe that building a company straight onto industrial scale is achievable in Norway, and I am confident that 2024 is the year that we will prove everyone right.
To reach the net zero target and replace fossil fuels we need to decarbonise hard-to-abate industries. We need to stop using labels such as green and blue, and rather focus on the product quality, emission rate and the overall carbon footprint. My wish for 2024 is that more will see the potential Norway has for large scale production of clean hydrogen and ammonia.
2023 has been an interesting year for our Barents Blue-project in Hammerfest. With the entering of the Spanish ammonia expert, Fertiberia, we have matured the project further. Teaming up with a leading ammonia supplier on the European continent really showcases the demand for clean ammonia in the global market. Being both energy efficient and with a record low carbon footprint we are setting the standard for clean ammonia production.
In 2022 we were awarded the first licence for CO2 storage in the Barents Sea with our Polaris storage project, and this fall we signed an SPA with PGNIG Upstream Norway for partnership in the Polaris project, with PGNIG intending to become operator, all subject to governmental approval. This showcases the European interest for storages on the Norwegian Continental Shelf and will enable storage in Polaris for several customers.
The Gismarvik CO2 Hub has been transformed from a single-storage terminal to a terminal for several storage projects offshore. The annual planned capacity has increased from 4-6 million tonnes to up to 24 million tonnes. Working closely with both local partners and customers in Haugalandet and continental customers, the cost-efficient project is expected to be an important part of the European CO2 infrastructure. The Gismarvik CO2 Hub enable us to move one step closer to reaching the commitments made in the Paris Agreement.
I want to extend my biggest gratitude to all employees, partners, and investors for the passing year! We are excited to see what’s in store for the next one.
Happy new year! "
Quelle: Linkedin |
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