Normod applies four decades of project development experience on the Norwegian Continental Shelf to a new generation of infrastructure — CO₂ collection across the Baltic corridor, and dedicated carbon-negative power for AI.
Enabling decarbonisation and AI Growth on Europe's Path to Electrification
Industry across the Baltic corridor needs affordable, scalable CO₂ transport and storage — but volume is the constraint. Most individual emitters can't secure the site access or scale to make capture and transport viable on their own. Normod Carbon pools that volume across ports and industries.
Europe's electrification push and AI's growth are competing for the same scarce resource: firm, decarbonised power on an already-stretched grid. Permitting and connection queues can't keep pace with either demand, let alone both. Normod CNET removes that trade-off.
Normod Carbon brings together CO₂ from heavy industry across the Baltic corridor. Normod CNET delivers dedicated carbon-negative power for AI infrastructure. Neither is a standalone bet — each is designed to make the other viable. Here's what each one actually does.
Across the Baltic corridor, heavy industry produces CO₂ with no direct, affordable route to permanent storage. Normod Carbon pools volumes across multiple emitters and ports — building the scale that makes transport and storage viable — anchored by exclusive port access and a development partnership with Euroports.
Normod Carbon handles the whole chain for emitters in the Baltic corridor. Through our partnership we can collect, combine, transport and permanently store or use the captured CO₂.
AI infrastructure needs power that's firm, available at scale, and fully decarbonised. Normod CNET delivers exactly that — and goes further, generating carbon-negative power that also meets operators' appetite for high-quality carbon credits. Dedicated floating power paired with onsite carbon management, purpose-built for hyperscale campuses. Flagship project: Grenaa.
CNET starts with the majority being natural gas at commissioning, then shifts progressively to biogas as the regional market matures — steadily increasing the carbon-negative impact of every megawatt delivered, backed by strong partners for biogas supply into Grenaa.
Neither project is designed to stand alone. Co-locating them at Grenaa is what turns two early-stage developments into a de-risked, investable platform.
Aggregates CO₂ across ports and industry — but transport and storage infrastructure only gets built if there's a committed anchor demand to underwrite it.
CNET's power generation needs a carbon management route to be genuinely carbon-negative — its capture requirement becomes Carbon's first committed volume.
CNET's guaranteed demand lets Normod Carbon commit to building at Grenaa — and the proven model then repeats to Karlshamn, Rostock, and beyond.
The platform is built to repeat. Development starts at our Grenaa flagship in Denmark — where Normod Carbon and Normod CNET are developed together — and extends the same model to our second port at Karlshamn, Sweden. Through our partnership with Euroports, we’re assessing where the Normod Platform fits across their operated ports. It begins in the Baltic Corridor.
A non-binding memorandum of understanding with Euroports — one of Europe’s largest port-infrastructure groups — to explore jointly developing and operating CO₂ hub infrastructure across the Euroports network.
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An MoU with SMDERI-QET, part of China State Shipbuilding Corporation, to build the logistics chain for CO₂ captured onboard vessels (OCCS) — with the Grenaa hub as a reception and collection point.
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Normod Carbon secured Port of Grenaa, Denmark, as the site for a phased CO₂ intermediate-storage hub connecting Northern European emitters to permanent storage.
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