The Danish Energy Agency has received two applications to the first Danish tender of licenses for CO2 storage
On 15 August 2022, the Danish Energy Agency opened the first tender of licenses for storage of CO2 in the Danish subsoil in the North Sea. At the end of the tender, the DEA has received two applications.
On 15 August 2022, the Danish Energy Agency opened the first tender of licenses for storage of CO2 in the Danish subsoil in the North Sea. At the end of the tender on 1 October 2022, the DEA has received two applications. Three companies are involved in the applications; TotalEnergies and a consortium consisting of INEOS and Wintershall Dea International. Also, Nordsøfonden will participate in all coming licenses with a share of 20 per cent.
”In the Danish Energy Agency, we are very happy with the interest of the companies in storing CO2 in the North Sea. This shows that they also see a large potential in CO2 storage in the Danish Subsoil. Capture and storage of CO2 plays a significant part in Danish climate policy, and therefore it is an important milestone that we must now process the first applications for full scale CO2-storage”, says head of division in the Danish Energy Agency Henrik Sulsbrück.
Expects to award potential licenses early 2023
The Danish Energy Agency will now process the applications and evaluate the technical and financial capacity and the work programmes, the companies have presented in their applications. Before licenses are awarded, the minister of climate, energy and utilities must present a statement to the Climate, Energy and Utility Committee of the Danish Parliament, on which licenses the minister intends to award. It is expected that potential licenses will be awarded early 2023.
The tender implements the political agreements on capture and storage of CO2. On 30 June 2021, the government (The Social Democrats), Venstre – The Liberal Party of Denmark, Danish People's Party, Green Left, The Red/Green Alliance, Conservative People's Party, Liberal Alliance and The Alternative agreed on A Roadmap for Storage of CO2.
The agreement states that capture and storage of CO2 (CCS) plays a significant part in realising the national climate goals, because the CCS technology can contribute to reducing emissions that are otherwise difficult to reduce. CCS can at the same time be used to create negative emissions.
The agreement was followed by an agreement on the framework for CO2 storage on 21 June 2022. The agreement states that the Danish state as a starting point participates with an ownership of 20 % of licenses for all Danish CO2 storages.
As such, the tender of licenses for CO2 storage in the North Sea is a step on the way to implementing the agreements on the CCS strategy.
- The tender of licenses for CO2 storage in the North Sea is the first of its kind in Denmark.
- Licenses can be applied for in the tendered area on a yearly basis.
- Licenses are initially awarded for investigation for up to 6 years. If a suitable CO2 storage location is found, the license can be extended by up to 30 years for the purposes of storage.
- A strategic environmental assessment has been completed for the tender, in order to ensure that storage takes place in an environmentally safe manner. Ensuing storage projects including drillings etc. must also be environmentally assessed specifically.
- Storage of CO2 is a known technology that has been used in Norway inter alia, where CO2 storage has taken place in the Sleipner field since 1996.
Head of division Henrik Sulsbrück, phone: 33 92 66 86, firstname.lastname@example.org
Ture Falbe-HansenHead of Media RelationsTel:+45 2513 email@example.com
About Danish Energy Agency
The Danish Energy Agency works for a sustainable future. We are responsible for cost-effective and secure supply of electricity, gas, heating, water, telecoms and waste management. Our objective is to realize an intelligent green transition, where Denmark is a front runner and Danish experience can serve as inspiration to countries around the globe.
Subscribe to releases from Danish Energy Agency
Subscribe to all the latest releases from Danish Energy Agency by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Danish Energy Agency
Indian-Danish collaboration launches conceptual plan for 15 Indian offshore wind parks23.11.2022 12:35:00 CET | Press release
The Danish Energy Agency and the Indian Ministry of New and Renewable Energy have published a conceptual plan with a pipeline identifying 15 locations for offshore wind in India. The conceptual plan provides substantial inputs to the current stakeholder dialogue on the recently released draft tender document from the Indian Ministry of New and Renewable Energy.
Tender for the North Sea energy island to be launched in Spring 202310.10.2022 14:36:11 CEST | Pressemeddelelse
Following a political agreement, the construction of the North Sea Energy Island – one of the largest projects in Danish history – now enters into a new phase. The tender material and competitive dialogue kicks off next Spring.
The Danish Energy Agency invites to a supplementary hearing regarding Hesselø Offshore Wind Farm10.10.2022 13:12:03 CEST | Nyhed
Supplementary 5-weeks public hearing on the sea-based part of the strategic environmental assessment (SEA) of the plan for Hesselø Offshore Wind Farm (OWF).
The possible climate effect of the gas leaks from the Nord Stream 1 and Nord Stream 2 pipelines29.9.2022 16:07:14 CEST | Pressemeddelelse
The emissions from the gas leaks on the Nord Stream 1 and 2 pipelines may in worst case be equivalent to approximately 32 per cent of annual Danish CO2-emissions.
Leak at North Stream 2 in the Baltic Sea26.9.2022 20:38:56 CEST | Pressemeddelelse
A leak has been discovered Monday from the Nord Stream 2 pipeline in the Danish part of the Baltic Sea. The Danish Maritime Authority has released a navigational warning and established a prohibitive no sail zone around the area.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom