Denmark NECCS Fund — Negative Emissions CCS
Funds companies capturing and storing biogenic CO2 in Denmark through the Danish NECCS subsidy fund for negative emissions.
The Danish Energy Agency (Energistyrelsen) administered the Negative Emissions via CCS Fund (NECCS Fund) as part of Denmark's three-fund CCS subsidy program. The fund was established under the 2022 Finance Act green sub-agreement with DKK 2.5 billion to achieve 0.5 million tonnes of annual negative CO2 emissions from 2025. Contracts were paid per tonne of CO2 captured and stored, over an 8-year su…
Biogenic CCS: CO2 capture during biogas upgrading, biomass-based power and heat production, waste incineration (biogenic share), and direct air capture with carbon storage (DACCS).
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