The construction of Project Greensand's new CO2 terminal at the Port of Esbjerg has started. The terminal will function as a central hub in the project's plan to establish a complete value chain for the capture, transport and storage of CO2 in the EU.
- We are incredibly proud that the partners behind Greensand are continuing their impressive work here at the Port of Esbjerg. It is one of the most advanced and ambitious CCS projects in the world, and it is therefore quite natural for the Port of Esbjerg to enter into close cooperation. There is great potential in putting Denmark's unique subsoil into play for the safe and efficient storage of CO2 from the rest of Europe. With the development of a CO2 terminal here in Esbjerg, we can support the need from all over Europe in the future, says Dennis Jul Pedersen, Director, Port of Esbjerg.
The upcoming terminal will accommodate six tanks with a capacity for approx. 1,000 tonnes of liquid CO2 each and will be provided with the necessary infrastructure for reception and offloading. Liquid CO2 from Danish biogas plants will be delivered by tanker and temporarily stored in the tanks before being transported by ship to the Nini field in the North Sea and stored underground 1,800 metres below the seabed.
INEOS Energy will take over the construction site in the autumn and complete the terminal, which will subsequently be operated on behalf of the partners behind Greensand. The decision to invest more than DKK 1 billion DKK in expansion of storage capacity was made in December 2024 by INEOS, Harbour Energy and the Nordsøfonden.
- With today's groundbreaking ceremony for the CO2 terminal here in Esbjerg, a strong line is drawn that we are well on our way, and we are thus sending an important signal to all the capture projects both in Denmark and the rest of Europe that are currently considering getting started, says Mads Gade, CEO of INEOS Energy Europe.
CCS technology is expected to play a central role in achieving Denmark's goal of climate neutrality in 2045 and the EU's goals in the Paris Agreement. The European Commission estimates that 250 million tonnes of CO2 will need to be stored annually in 2040. A Danish foothold in the European CCS market could potentially create up to 9,000 jobs and an economic gain of 50 billion. DKK
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