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4 clusters · 31 sources · 23 days · First seen · Last updated

Denmark and North Sea carbon capture development

Overview

The Greensand project has transitioned into its industrial phase in the North Sea, targeting hard-to-decarbonize sectors such as cement, chemical, and biomass production. Operated by a consortium including Ineos, Harbour Energy, and Nordsøfonden, the facility currently maintains an annual storage capacity of 400,000 tonnes of CO2. The project utilizes the ‘Carbon Destroyer One’ to transport liquefied CO2 to injection sites approximately 250 kilometers off the Danish coast, where it is stored at a depth of 1,800 meters. Long-term objectives aim to scale capacity to between four and eight million tonnes annually by the end of the decade.

Expanding on North Sea storage efforts, the German government has signed bilateral letters of intent with Denmark and the Netherlands to facilitate the export and underground storage of CO2. This initiative includes the proposed ‘Delta Rhine’ corridor, a cross-border pipeline system designed to transport CO2 from North Rhine-Westphalia to the Netherlands.

However, these developments face mounting criticism. Experts from the Geostor research network have argued that CCS could act as a ‘fig leaf’ for slowed climate protection by potentially limiting the expansion of renewable energy. Economic concerns have also been raised, with estimated costs of 150 to 250 euros per tonne exceeding current CO2 prices. Additionally, critics point to potential overestimations of storage capacity; recent calculations suggest available capacity in the German Exclusive Economic Zone may be as low as 0.5 to 1.5 billion tonnes, significantly down from previous estimates of 6 billion tonnes due to competing uses such as wind farms and nature reserves.

Entities

Denmark · Ineos Energy · Harbour Energy · Greensand · Henrik Busk

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 8 sources
    Germany signs North Sea CO2 storage deals with Denmark and Netherlands

    Germany, Denmark, and the Netherlands have signed agreements to store CO2 under the North Sea, though experts warn of high costs and overestimated storage capacities.

  2. [TECHNOLOGY] 4 sources
    Greensand project scales North Sea carbon storage

    Denmark’s Greensand project is scaling up North Sea carbon capture and storage, receiving 41 million euros in EU funding to sequester industrial CO2 in depleted offshore reservoirs.

  3. [TECHNOLOGY] 19 sources
    Greensand project launches EU's first industrial-scale CO2 storage site

    Denmark has launched the Greensand project, the EU's first industrial-scale CO2 storage facility, capable of storing up to 400,000 tonnes of carbon annually in depleted North Sea oil fields.

  4. [TECHNOLOGY] 3 sources
    Harbour Energy conducts CO2 storage test drilling in Denmark

    Harbour Energy is conducting deep test drilling in Ørrild, Denmark, to assess the area's suitability for permanent CO2 storage under Project Greenstore.

Sources

ad-hoc-news.de · amica.de · berliner-kurier.de · chemindigest.com · concertation-environnement.fr · elperiodicodelaenergia.com · energygame.gr · faktor.dk · fehmarn24.de · focus.de · fr.businessam.be · himmerlandsposten.dk · histoiresroyales.fr · horizont.net · hydrocarbonengineering.com · kurierverlag.de · leinetal24.de · madeinbocholt.de · newsfeed.zeit.de · niezalezna.pl · oceannews.com · offshore-energy.biz · oilprice.com · op-online.de · radioosnabrueck.de · randers-netavis.dk · tz.de · viborgnetavis.dk · voceapuana.com · wz.de · yesilhaber.net

This summary has been updated 3 times: see revision history