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4/8/07

petroleumworld: Energy Policy: A Norwegian Perspective - by by Olav Akselsen, MP

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Energy Policy: A Norwegian Perspective-by Olav Akselsen, MP

The upcoming 15th Session of the UN Commission on Sustainable Development that will take place in May and which has Energy as its focal theme. Energy is the focal theme because of its importance for efforts to reach the Millennium Development Goals following up the World Summit on Sustainable Development in Johannesburg in 2002. Energy remains a key vehicle to promote sustainable economic and social development within a more equitable world order.

Norway has ambitious goals regarding capture, use and storage of CO2. In order to realise CCS technologies as soon as possible, the Norwegian government and Statoil have agreed to establish the world's largest full-scale CCS project in conjunction with a projected combined heat and power plant at Mongstad oil refinery in Norway. It will be fully operational by the end of 2014. We are developing groundbreaking new technology, which can become an export item and a guarantee for future petroleum activities in Norway.

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