A group of international energy and manufacturing firms has come together to devise a plan to construct a power plant in Norway that will capture a significant proportion of its emitted CO2.

The ‘clean coal’ plant will aim to implement carbon capture technology to prevent 95% of harmful CO2 emissions generated within the facility from escaping into the atmosphere.

According to reports, the project’s collaborators include France’s Eramet, US company Alcan and Norway’s Norsk Hydro. The companies intend to build a 400MW facility in West Norway, at a price tag of around $700 million.

The consortium is currently looking for a construction firm to join the project and hopes to realize the plan by 2011.