Oil Ministry Set on Fire in Oslo Bombing
Norway is probably one of the last places that one would expect a terrorist bombing to take place. The country renowned for hosting the Nobel Peace Prize and mediating numerous international conflicts has come under attack. One or more bombs were detonated in the country’s capital, Oslo. Government buildings in the city’s center were targeted, leaving at least two dead and setting the oil ministry offices on fire.
Several windows were blown out in the downtown district, and people were found lying in the streets bleeding after the mid-afternoon attack. Prime Minister Jens Stoltenberg was not in his office during the time of the attack, however he may have been a prime target. One explosion was detonated near the Prime Minister’s office and a second near the Norwegian Parliament.
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Norway’s oil ministry has been evacuated following the explosion due to spreading fires in the offices. Reports claim that the ministry may have been one of the targets in the attack.
U.S. officials said it was too soon to say for sure what caused the explosions or whether it was a terrorist attack. Al Qaeda has reportedly threatened attacks in Europe; however, Norway is also a party to NATO’s aerial attacks on Libya, and Muammar Gaddafi has pledged to retaliate in Europe.
Norway’s Dagbladet cited police at the scene exclaiming that the oil and energy ministries were definite targets of the attack, and that at least one of the bombs was likely a car bomb.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.