On Tuesday, the Danish Energy Agency announced which projects have received a share of the 28.7 billion DKK in the CCS pool. Aalborg Portland has received support to capture 1,250,000 tons of CO2 per year. However, it was not the only project that could have received a share of the billions.
The CCS project Gaia, established by Copenhagen Infrastructure Partners (CIP) and Vestforbrænding, confirms that the project has submitted a bid in the state's CCS tender and has received a partial award. However, since it was only a question of partial support, it has chosen to say no, as the project requires full support to be implemented. Gaia states this in a press release.
"However, without a full allocation, it is not possible to establish the necessary coherent value chain for CO2 capture, transport and permanent storage, which projects of this scale require," the announcement reads.
According to the project partners, it meets the applicable auction technical criteria and continues to have the potential to contribute to Denmark's climate goals. Gaia is expected to be able to store up to 500,000 tons of CO2 annually by establishing a CO2 capture plant at Vestforbrænding's waste-to-energy plant in Glostrup. The project could thus make a significant contribution to reductions and support a geographically broad rollout of CCS, including in the capital area.
The partners have indicated that the project is both mature and competitive and has achieved several milestones, including regulatory approvals, commercial agreements and contracts for the transport and storage of CO2.
At the same time, Gaia points out that the project will continue to contribute to significant CO2 reductions and strengthen the scale of the Danish CCS industry if the framework is adjusted. According to the partners, this requires political prioritization and a more flexible implementation of the CCS pool, so that more mature projects can be realized.
Gaia states that the project partners still have faith in the project and that the technology behind it can contribute to positive climate effects, especially in the waste and energy sectors, but CCS projects of this scale cannot be realized in stages. Therefore, the dialogue with the authorities will continue and a future government will continue with the aim of improving the framework for CCS and enabling the realization of projects with a large climate impact.
"The partners thank the Danish Energy Agency for a constructive and professional dialogue throughout the tender process and look forward to continuing the dialogue on the framework for a possible new tender," the announcement concludes.
Gaia
Gaia is a joint company established by Copenhagen Infrastructure Partners (CIP) and Vestforbrænding with the aim of developing a large-scale CO2 capture plant at Vestforbrænding's waste-to-energy plant in Glostrup. The project will have a capacity of up to 500,000 tons of CO2 annually.
amp
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
