There is no avoiding CO2 capture and storage (CCS), when it comes to meeting our climate goals.
The first CCS funding pool has been agreed upon, and the first licenses for exploration and storage of CO2 on land, and in the Danish North Sea area, have been awarded. Meanwhile the Danish Parliament has passed a new law on the pipeline transportation of CO2, which creates the framework for the establishment of a new CO2 infrastructure. This means that, in the coming years, we will see a scaling up of projects all over the country.
Several things are also happening on the international stage. Denmark has signed multiple agreements that make it possible to transport CO2 across national borders, including France, Norway, Sweden and Belgium. Last year, Denmark also hosted the EU's annual CCUS Forum, where an international declaration on CO2 capture and storage was signed.
The next round of CCS Pool tendering, as well as the award of licenses for the exploration and storage (of CO2) close to the Danish coast, and much more, are upcoming.
In Denmark, it is the Danish Energy Agency that manages the award of licenses for the exploration and storage of CO2 underground.
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