Welcome!

News Feed Item

Enova to invest NOK 1.55 billion in Hydro's pilot plant at Karmøy, Norway

The Norwegian Ministry of Petroleum and Energy's energy enterprise, Enova SF, has pledged NOK 1.55 billion in investment backing for a pilot to trial Hydro's new aluminium production technology. Provided the EFTA Surveillance Authority (ESA) approves the investment, the subsidy will help to ensure that future production of aluminium will be both more energy-efficient and climate-friendly.

"The reason we decided to back this project is because, following thorough assessments, we found that the proposed technology holds immense potential. Projections indicate high demand for aluminium in the years ahead, not least in the transport sector. This makes it crucial for production to be based on the lowest possible energy consumption and the lowest possible greenhouse gas emissions," says Enova's CEO, Nils Kristian Nakstad.

Energy consumption and greenhouse gas emissions

With its low mass, aluminium is a key resource in enabling the automotive industry to manufacture less energy-intensive and more climate-friendly cars. Against that, the production of aluminium is associated with high energy consumption and heavy greenhouse gas emissions.

"This technology responds to part of this challenge in that it has the potential to radically reduce energy consumption and thereby greenhouse gas emissions," says Enova's CEO.

The pilot plant could be on stream by 2017 at the earliest. With the aid of 60 new electrolytic cells, the full-scale pilot plant would potentially be able to produce around 70,000 tonnes of aluminium per annum. If the pilot yields the results Hydro is hoping for, the new technology will be applied in further ventures both in Norway and internationally. With the pilot and infrastructure built up at Karmøy, there is every chance that the first facility to apply the technology production-wide will remain located at this Norwegian site. If so, estimates indicate that energy consumption would be reduced by a full 0.5 TWh, based on a production capacity of 320,000 tonnes per annum, compared with the energy demands if Hydro were to use current technology.

"By giving an energy-intensive industry the opportunity to establish new, energy-efficient production in Norway, in this particular instance, we will be doing our bit to enable aluminium production to run purely on hydroelectricity as opposed to coal and natural gas which produce massive carbon emissions. In other words, this is good news for both the global climate and Norwegian industry," says Nakstad.

For Norwegian production facilities that largely run on clean energy already, greenhouse emissions would be reduced by 5 per cent. But if the technology replaces production currently sited abroad where the energy source is typically coal and natural gas, the resulting emissions reductions will be vast. Globally, carbon emissions from an aluminium plant average 7.3 kg per produced kilo of aluminium - but that excludes China, where the same figure is almost double. Emissions from the Karmøy pilot in Norway, however, would be less than 1.5 kg of carbon dioxide per kilo of aluminium, if the production facilities run on clean energy only.

Quantum leap

Enova SF has commended Hydro for the initiative.

"This technology may represent a quantum leap for aluminium production worldwide. Norway has a number of advantages that make it an ideal arena for developing new energy and climate technologies. Hydro is an industrial locomotive and is once again steaming ahead", says Enova's CEO.

He believes the project confirms that Norway and Norwegian industry could potentially have a key role to play in international climate efforts.

"This case in point demonstrates that Enova SF, through its climate technology fund, is a facilitator for a range of beneficial projects with huge international scope for diffusion. In this particular project, Norwegian industry's core expertise and access to clean and low-cost energy will be used in getting the world's aluminium production moving in the right direction. Under the Norwegian Parliamentary Climate Agreement, Enova SF was commissioned to facilitate Norway's development of climate technology. Enova SF is registering great interest from Norwegian and international players who are keen to partner with us to make industry cleaner.

ESA

Nakstad stresses that the Karmøy project faces a few hurdles ahead of the finishing line. First, the EFTA's supervisory body, ESA, which is well informed of the project, has to grant its approval. Next will be Hydro's final decision on whether or not to go ahead with the investment in the pilot.

"Like us, Hydro, which will cover the greater share of the investment, has great confidence in this project, and we have high hopes that it will go ahead," says Nakstad.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including clou...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
"This is specifically designed to accommodate some of the needs for high availability and failover in a network managed system for the major Korean corporations," stated Thomas Masters, Managing Director at InfranicsUSA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"Coalfire is a cyber-risk, security and compliance assessment and advisory services firm. We do a lot of work with the cloud service provider community," explained Ryan McGowan, Vice President, Sales (West) at Coalfire Systems, Inc., in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...