Denmark CCUS Fund Phase 1 — Carbon Capture and Storage
Funded Denmark's first full-chain capture, transport and storage project for fossil and biogenic CO2.
The Danish Energy Agency (Energistyrelsen) ran the CCUS Fund Phase 1 as the first of Denmark's three CCS subsidy programs. Established under the 2022 green sub-agreement, the fund aimed to capture 0.4 million tonnes of fossil CO2 annually. Contracts provided a subsidy per tonne of CO2 captured and permanently stored underground, with a support period of approximately 20 years (the remaining contra…
Full-chain capture, transport and permanent storage of fossil and biogenic CO2 through one major source or a consortium of smaller sources.
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