Since March, companies have been able to apply for prequalification to bid for a support pool of 28.7 billion DKK for the capture and storage of CO2.
16 companies have done so, and now the Danish Energy Agency has selected ten companies that will be included in the final race for the many billions from the so-called CCS pool. The pool covers the period 2029 to 2044 and, according to the agency, will contribute to reducing Denmark's annual CO2 emissions by 2.3 million tonnes from 2030. This is stated by the Danish Energy Agency.
- We have identified the ten companies that are prequalified and will now have the opportunity to apply for support from the pool. I am pleased that so many can see the possibilities of establishing CCS in Denmark and thus contribute to achieving the climate goals, says Peter Christian Baggesgaard Hansen, Deputy Director General of the Danish Energy Agency.
Among the ten selected are eight companies with full or partial municipal ownership. They are AffaldPlus Affaldsenergi A/S, ARGO CCS A/S, E.ON Carbon Capture Solutions Copenhagen ApS (collaboration between the German energy company E.ON and ARC), 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. The last two prequalified bidders: Ørsted Bioenergy & Thermal Power A/S and Aalborg Portland A/S are both without municipal involvement.
The selection was made based on the companies' experience with CO2 capture or large construction projects. The support from the pool is paid per ton of CO2 that is actually stored. The CO2 must be captured in Denmark, but the storage itself must take place both inside and outside the country's borders.
- The pool is designed to ensure real reductions, for the money will only be paid out when the CO2 is actually stored, says Peter Christian Baggesgaard Hansen.
The prequalified companies must now submit their project descriptions and bid prices. Initial bids must be submitted by August 26 this year. The Danish Energy Agency expects to receive final bids in December and award contracts in April 2026. However, the implementation of the funds requires approval from the EU Commission.
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