General – Denmark
The CCS fund for carbon capture and storage is DKK 28.7 billion, and a maximum of 10 companies can participate.
To apply for funding, applicants must first be prequalified. 16 companies have applied, and the Danish Energy Agency will now assess the applications in order to select 10 companies.
“We are very pleased with the great interest, and that so many players see opportunities in contributing to the green transition through carbon capture and storage. This shows that we are well on our way to establishing a market for CCS in Denmark. It is an important step to achieve Denmark’s climate goals. Now, it is our task at the Danish Energy Agency to continue the work so that the CCS fund can be converted into concrete CO₂ reductions,” says Peter Christian Baggesgaard Hansen, Deputy Director General at the Danish Energy Agency.
The Danish Energy Agency will now review the applications and determine whether the applicants meet the conditions in the tender material.
If more than 10 prequalification applications meet the conditions, the Danish Energy Agency will select the 10 most suitable candidates, as the tender specifications set a ceiling on the number of prequalified applicants.
