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1. September, 2023

Norsk Hydro to use biomethane at Sunndal aluminum plant

Fuels
Kevin Lim

On August 30, 2023, the aluminum and energy giant Norsk Hydro announced its plan to replace 70% of the current natural gas usage at its Norwegian Sunndal plant with locally sourced biomethane. This move is expected to reduce emissions by 20,000 tonnes.

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Hydro touted the deal as a significant step toward sustainability in its aluminum operations. Ola Saeter, Head of Hydro’s primary aluminum plants, stated, “Since 1990, we have reduced greenhouse gas emissions in Norway by 55 percent. We are now taking anot…

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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