Denmark grants the first license to store CO2 in the North Sea | Environment

Illustration. (Source: Bloomberg)

The Danish Ministry of Climate and Energy announced on February 6 that it had for the first time granted a license to capture and store CO2 in the North Sea.

License granted to Oil and Gas Group Wintershall Dea of Germany, British chemical group INEOS Energy and French energy group TotalEnergies.

According to the announcement, the Greensand project, led by INEOS and Wintershall, is expected to begin pumping 1.5 million tonnes of CO2 into exhausted oil and gas fields in the country. North Sea in 2025.

[Các công ty Na Uy, Đức hợp tác lưu trữ CO2 ngoài biển]

According to the plan, the project will increase the capacity to 8 million tons of CO2/year by 2030.

Meanwhile, TotalEnergies’ Bifrost project aims to inject 3 million tons of CO2 into an exhausted oil and gas field by 2027 and then increase capacity to 5 million tons by 2030.

The total investment for these projects will be 445 million Danish crowns ($64.4 million) and 157 million crowns respectively, of which the Danish Government will invest almost half.

Denmark aims to be carbon neutral by 2045 and considers capture and CO2 . storage (CCS), which has the ability to remove CO2 from the atmosphere and store it underground, is the “key” to this goal.

In recent years, efforts to promote this technology have also been increasing in Europe, as companies and governments are looking to find ways to improve the technology. reduce emissions to meet climate goals.

(VNA/Vietnam+)

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