On Tuesday, August 26, the deadline for submitting initial bids for the state's pool of DKK 28.7 billion for CO2 capture and storage expired. Eight companies have submitted bids – two fewer than the ten that were prequalified in May. The Danish Energy Agency announced this in a statement.
- CO2 capture and storage is an important tool for addressing climate challenges and achieving Denmark's climate goals. For every ton of CO2 we do not emit into the atmosphere, we reduce Denmark's climate impact. The prospects are enormous, and it is therefore gratifying that there is still great interest in participating in the tender. There is still some way to go before there are final and binding bids in the mailbox, but today was another milestone on the way there, says Peter Christian Baggesgaard Hansen, Deputy Director General of the Danish Energy Agency.
The Danish Energy Agency is not providing further details about the initial bids "out of consideration for the further tender process". But with the agency's announcement that there are eight bidders, it can be deduced from two projects' announcements of non-participation in the tender who is left.
Ørsted has previously announced that despite prequalification, it dropped out of applying for the pool's funds. According to EnergiWatch, Amager Resource Center (Arc) and E.ON's joint project CopenCapture, which would capture up to 400,000 tons of CO2 annually from Amager Resource Center's facilities and store the CO2 permanently underground, has also dropped out of applying for the funds at E.ON's request. The lack of application is causing annoyance at Arc.
- Arc's collaboration with Eon has unfortunately ended, as Eon has decided not to submit a bid for the state's CCS pool, says Carsten Krogsgaard Thomsen, chairman of the board of Arc Affaldsenergi A/S to EnergiWatch.
The eight remaining companies must therefore be assumed to be: AffaldPlus Affaldsenergi A/S, ARGO CCS A/S, Energnist CaptureCo A/S, Fjernvarme Fyn Fangst A/S, Gaia ProjectCo P/S (collaboration between Copenhagen Infrastructure Partners and Vestforbrænding), HOFOR DSS SPV A/S, Kredsløb Holding A/S and Aalborg Portland A/S.
The remaining eight bidders must submit their final bids no later than December 17, 2025. Contracts are expected to be awarded in April 2026. The support will only be paid when it is documented that the CO2 has been stored. The capture must take place in Denmark to be counted in the national climate accounts, while the storage itself can take place both inside and outside the country's borders.
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