CO₂ capture, storage and reuse potential in Finland

Economical feasibility and potential of CO₂ capture, storage and reuse in Finland was evaluated under the National Programme on Technology and Climate Change (Climtech). In Finland, no suitable geologic formations exist to sequester CO₂. The nearest potential CO₂ sequestration sites are offshore oil and gas fields in the North Sea and Barents Sea, which would mean a transport of 500-1000 km for captured CO₂. With current knowledge, capturing CO₂ near the storage sites and investing to new cross-border electricity transmission capacity seems the most feasible option for Finland. Storing CO₂ as solid mineral carbonate could be an option in the future, since large resources of suitable silicates exist in Finland as natural minerals and as wastes of mining industry. The reuse potential of captured CO₂ is less than 0.5% of the annual CO₂ emissions.