Denmark CCUS Fund Phase 1 — Fossil Carbon Capture
Funds companies capturing CO2 from fossil industrial sources in Denmark through the first Danish CCUS subsidy fund phase.
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…
Fossil-source CCS: CO2 capture from oil refining, cement, waste-to-energy (fossil fraction), natural gas combustion, and related industrial processes. Underground storage required.
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