ORLEN and Equinor have signed an agreement to develop carbon capture and storage (CCS) technology in Poland, with the aim of reducing CO₂ emissions and advancing the energy transition.
The agreement between Polish energy company ORLEN and Norwegian company Equinor seeks to explore opportunities for geological storage of carbon dioxide in Polish territory, including on land and the Polish section of the Baltic Sea. Both companies will work together to identify viable sites and assess their feasibility.
CCS technology as a solution for CO₂ reduction
[post_relacionado]Carbon capture and storage is a key technological solution to mitigate emissions from hard-to-decarbonise sectors such as cement, steel and chemicals. Equinor, with over 25 years of experience in this field , has led CCS projects in Europe and the United States, including the renowned Northern Lights, the first cross-border CO₂ storage.
ORLEN, for its part, has outlined a strategy to capture and store up to 4 million tonnes of CO₂ annually by 2035. Part of this capacity will be used in its own industrial processes, while another part will be offered as a service to third parties.
An agreement aligned with European regulations
The European Union, through the Net-Zero Industry Act (NZIA), requires oil and gas companies to develop infrastructure for carbon capture and storage with the goal of reaching an annual injection capacity of 50 million tons of CO₂ by 2030.
This agreement strengthens the position of ORLEN and Equinor in a growing market in line with the region’s climate objectives.
What’s next?
With the identification of sites underway, the next steps include the technical feasibility of the projects and the implementation of transport and storage solutions. The initiative will not only boost emissions reduction but will also open up investment and employment opportunities in Poland.
This agreement strengthens the alliance between ORLEN and Equinor and lays the foundations for a decarbonisation ecosystem in the European industry.
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Source and photo: ORLEN