The Danish Energy Agency (DEA) launched a tender for potential underground CO2 storage near the town of Thorning, Jutland, at the end of September. There were two applicants who showed interest in the project.
Denmark” width=”800″ height=”445″ class=”size-featured wp-image-56569″/>Denmark is pursuing ambitious climate goals: The country has legally committed to achieving a 70 percent reduction in greenhouse gases by 2030. Denmark wants to be climate neutral in 2050. (Representation: Energistyrelsen)The companies that submitted applications are: Norne Thorning Storage ApS and Storegga Danmark ApS. The energy authority reported this in a statement today.
If permits are granted, the subsurface will be carefully examined to determine its suitability for safe CO2 storage. The DEA will now evaluate the applications, taking into account both the technical and financial performance of the companies and the proposed concepts.
The Minister for Climate, Energy and Utilities, Lars Aagaard, must inform the parliamentary committee about the planned authorization before it can be granted.
Potential for CO2 storage in Denmark
Denmark has several promising areas for underground CO2 storage. Five onshore regions have been identified as suitable for secure storage. Licenses for three of these areas were already awarded at the beginning of the year. Now the Thorning area could soon be added.
The goal of CO2 storage is to capture CO2 from combustion and industrial plant chimneys. These facilities emit significant amounts of greenhouse gases, which contribute to climate change and temperature rise.
CO2 capture and storage is an important measure to reduce CO2 emissions and achieve Denmark’s climate goals.
Once an exploration permit is granted, companies receive permission for up to six years, with the option of extending it to a maximum of ten years. If the area is suitable for environmentally friendly CO2 storage, the licensee can apply for a storage permit for up to 30 years, which can also be extended.
After this phase, the decommissioning phase begins: the storage site is closed and the stored CO2 continues to be monitored. All projects must pass an environmental impact assessment.
Denmark is pursuing ambitious climate goals: The country has legally committed to achieving a 70 percent reduction in greenhouse gases by 2030. Denmark wants to become climate neutral in 2050.
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