Norne Carbon Storage Hub

What Norne Carbon Storage Hub does

Norne Carbon Storage Hub is a Denmark-based carbon capture and storage (CCS) infrastructure project developed by Fidelis New Energy, LLC and operated through its Danish subsidiary, Norne Climate Impact ApS (CVR 42848212). The hub consists of three integrated components: large-scale CO2 reception facilities at Aalborg Port, an onshore pipeline transportation network, and permanent geological storage in Denmark's natural subsurface reservoirs. Designed to handle over 15 million tons of CO2 per year — equivalent to more than a quarter of Denmark's annual emissions — the project targets Danish and European industrial emitters with hard-to-abate CO2 emissions that cannot be eliminated through electrification or other near-term means.

The core technology applies proven CCS methods: CO2 captured by industrial emitters is delivered to Norne's reception terminals via pipeline or ship, then transported through Norne's pipeline network to onshore or near-shore geological storage structures where it gradually mineralizes into the subsoil. Norne plans to begin receiving CO2 in the early 2030s, with construction of the Aalborg hub launched in June 2025 following the company's PCI designation, CEF co-funding award, and a 30-year exclusive agreement with the Port of Aalborg. The Thorning Storage license in Jutland (April 2025) further expands the project's subsurface footprint.

Norne's business model is a B2B infrastructure service built on transaction-fee economics: industrial emitters pay Norne to receive, transport, and permanently store their CO2. To date the company has secured non-binding letters of intent with Aalborg Portland (400,000 tons annually) and Carbon Centric, alongside strategic partnerships with Ross Energy, Gas Storage Denmark, Ramboll, KBR, and Port of Kalundborg. Norne is currently in pre-revenue construction phase and is funded through EU CEF grants and sponsorship from Fidelis New Energy, headquartered in Houston, Texas.

Name

Norne Carbon Storage Hub

Legal name

Norne Climate Impact ApS

Website

https://norneccs.com

Company type

Private

Founded year

2021

Operating status

Operating

Short description

Norne Carbon Storage Hub is a Denmark-based CCS infrastructure developer building large-scale CO2 reception facilities, pipeline networks, and permanent geological storage for Danish and European industrial emitters. Sponsored by Fidelis New Energy, the project is in pre-revenue construction phase with operations planned for the early 2030s.

Ownership category

akta.pro rank

Product category

Carbon Capture and Storage Infrastructure Services

NAICS

Pipeline Transportation of Crude Oil (4861)

SIC

Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

CO2 Storage & Injection Terminals (CCS Hubs) (TLAGAKAG)

akta.pro secondary industries

CO₂ Transport Network Hubs & Interconnects (Multi-User Hubs, Manifolds, Metering) (EUABAHAE), CO₂ Storage Site Development & Permitting (Characterization, Licensing, Stakeholder Engagement) (EUABAHAF), CO2 Gathering & Collection Pipelines (Capture-to-Hub Networks) (TLAGAFAB), Depleted Oil & Gas Reservoir Storage (Conversion, Re-pressurization, Monitoring) (EUABAHAH)

Keywords

• Carbon capture storage
• CO2 storage infrastructure
• CCS hub services
• Geological CO2 sequestration
• Industrial emissions reduction

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. CO2 Reception and Transportation Services: Revenue generated from receiving CO2 from industrial emitters and transporting it via pipelines to geological storage sites. CO2 is transported from emitters by pipeline or ship to Norne's reception facilities, then via pipelines to storage structures. The company handles large volumes of CO2, with ambitions to receive and transport over 15 million tons per year.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Norne Carbon Storage Hub provides large-scale CO2 reception, pipeline transportation, and permanent geological storage services for industrial emitters in Denmark and Northern Europe. The hub includes reception facilities at Aalborg Port, an onshore pipeline network, and underground storage in Denmark's natural subsurface reservoirs, with a design capacity exceeding 15 million tons of CO2 per year.

Product overview

Norne Carbon Storage Hub is a single integrated CCS (Carbon Capture and Storage) infrastructure service consisting of three interconnected components: CO2 Reception Facilities at Aalborg Port for receiving CO2 from industrial emitters via ship or pipeline; a CO2 Pipeline Transportation Network for moving CO2 to storage sites; and Permanent Geological CO2 Storage in Denmark's natural underground reservoirs. The hub is designed to handle over 15 million tons of CO2 per year, equivalent to over a quarter of Denmark's annual CO2 emissions.

Differentiator

Problem solved

Functional benefit

Products and services

• CO2 Reception Facilities at Aalborg Port Fixed reception infrastructure at Aalborg Port that receives CO2 captured by industrial emitters and conditions it for onward pipeline transport to permanent geological storage. Targeted at large industrial CO2 emitters in Denmark and Northern Europe.
• CO2 Pipeline Transportation Network Onshore and subsea pipeline network transporting captured CO2 from industrial emitters to storage facilities. Designed to serve industrial emitters in Denmark and Northern Europe with continuous, high-volume CO2 transport under a single infrastructure.
• Permanent Geological CO2 Storage Long-term, permanent geological storage of CO2 in Denmark's natural subsurface reservoirs, with a design capacity exceeding 15 million tons of CO2 per year. Provided under long-term offtake agreements with industrial emitters in Denmark and Northern Europe seeking permanent emissions reduction.

Quantifiable outcome

• 15+ million tons CO2 handled per year
• +3 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• Port of AalborgcoreStrategic or Co-development Partner · 4 June 2025Norne and Port of Aalborg signed a 30-year exclusive agreement, accepted EU CEF Grant, and launched construction of the CO2 hub at Aalborg Port. This is a flagship partnership for CO2 reception facilities.
• Norne Thorning StoragecoreStrategic or Co-development Partner · 11 April 2025The Danish Government offered Norne Thorning Storage the license to explore the possibility of CO2 storage in Jutland, expanding Norne's storage capacity.
• Carbon CentriccoreStrategic or Co-development Partner · 3 September 2023Carbon Centric and Fidelis New Energy entered into a letter of intent for onshore CO2 storage, establishing a commercial relationship for CO2 storage services.
• Aalborg PortlandcoreStrategic or Co-development Partner · 8 June 2023Aalborg Portland and Fidelis New Energy entered into a letter of intent for onshore CO2 storage. Aalborg Portland will send 400,000 tons of CO2 annually for storage under the partnership.
• Gas Storage DenmarkcoreStrategic or Co-development Partner · 15 May 2023Gas Storage Denmark and Fidelis New Energy entered into collaboration on CO2 storage, leveraging Gas Storage Denmark's experience in underground gas storage for CO2 storage applications.
• Ross EnergycoreStrategic or Co-development Partner · 26 January 2023Ross Energy and Fidelis New Energy formed an exclusive CO2 storage partnership in Denmark. Ross Energy is a partner in Norne's ecosystem providing expertise in CO2 storage solutions.
• RambollmajorStrategic or Co-development PartnerRamboll serves as a strategic advisor to Norne, providing deep knowledge on infrastructure planning required to deliver a world-scale CO2 storage solution in Denmark.
• KBRmajorStrategic or Co-development PartnerKBR is a partner providing engineering and technical expertise for the CO2 storage infrastructure.
• Port of KalundborgmajorStrategic or Co-development PartnerPort of Kalundborg is a port partner for Norne, providing additional logistics infrastructure for CO2 reception.
• LandsydminorStrategic or Co-development PartnerLandsyd is a local land surveyor partner providing land inspection services for the infrastructure.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fidelis-new-energy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Norne Carbon Storage Hub