50 years ago, Denmark opened the oil and gas taps in the North Sea. Now, the traffic in the North Sea pipelines is being turned in a greener direction, when the same area will in future accommodate several million tons of CO2, which has been captured from the industry using CCS (Carbon, Capture and Storage). It is a consortium consisting of Wintershall Dea and INEOS, which is behind the event First Carbon Storage, which is the world's first offshore project for CO2 capture and storage across national borders.
- It is a historic day that will be remembered as the day when we took a big and important step in the climate fight. CCS is a groundbreaking technology that is absolutely crucial for Denmark, Europe and the world to achieve the goal of the green transition, says Anne Højer Simonsen, deputy director and head of climate policy at DI, in a press release.
The CO2 storage in the North Sea will take place 1800 meters below sea level. This is done by capturing CO2 from the emitters' chimneys and then transporting it via pipes or on ships to a storage facility.
Need for more projects
According to the Danish Energy Agency, Denmark has a total storage potential of up to 22 billion tons of CO2. This is between 400-700 times more than Denmark's total CO2 emissions at the current level.
- We must have all solutions and technologies in play to reduce CO2 if we are to achieve our ambitious climate goals in 2025 and 2030. Now the starting signal for the first storage of CO2 in the Danish part of the North Sea is sounding. It is attracting attention all over the world, and we must use that attention to showcase Denmark as a green frontrunner, so that the North Sea can not only become Denmark's gathering place for CCS, but Europe's, says Anne Højer Simonsen.
- We need to use all of Denmark's storage capacity to exploit the full potential of CCS technology. In addition to being able to store our own CO2 emissions, there will also be ample opportunity to create a really good business by importing CO2 from abroad. Denmark can therefore play an important role in the global climate fight, says Anne Højer Simonsen.
If Denmark is to reap the full CCUS (Carbon Capture Utilisation and Storage) potential, DI believes that it is crucial that more of the CCUS projects that are on the drawing board are given a boost. This applies, for example, to the Bifrost project, which will also transport and store CO2 in the North Sea. A total of around DKK 36.5 billion has been allocated in political agreements. DKK for full-scale CCUS projects from now until 2040, and we must implement them as soon as possible in order to achieve our climate goals in both the short and long term.
In addition, the final storage permits must be in place, and the necessary infrastructure with ships and pipes must be created to transport CO2 from the emitters to the underground storage facilities in the North Sea or on land.
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