Denmark CCS Fund — Large-Scale Carbon Capture Subsidy

Denmark CCS Fund — Large-Scale Carbon Capture Subsidy

Funds companies capturing and permanently storing CO2 at industrial scale in Denmark through the DKK 28 billion Danish CCS Fund subsidy.

The Danish CCS Fund is Denmark's largest carbon capture subsidy program with approximately DKK 28 billion available. Administered by the Danish Energy Agency, the fund targets 2.3 million tonnes of CO2 captured and permanently stored annually. The subsidy is paid per tonne of CO2 stored over a 15-year support period starting in 2029, running through 2044.

The tender opened October 9, 2024. Tender materials are available via EU-Supply. The fund covers both fossil and biogenic CO2 sources — unlike the earlier NECCS Fund (biogenic only) and CCUS Fund Phase 1 (fossil only), the CCS Fund has no source restriction.

Eligible applicants include companies and consortia across the full CCS value chain: CO2 capture operators, transport network operators, geological storage operators, and full-chain parties. For-profit companies are directly eligible — no public partner required. Applicants submit competitive bids (price per tonne CO2) via the EU-Supply tendering portal.

As of June 2026, the fund is between cycles — the tender has opened and initial submissions have been received; evaluation is ongoing. No new submission deadline is announced; watch the EU-Supply portal and ens.dk for updates on award decisions and any subsequent rounds.