‘…Greensand will be able to take another important step forward in supporting the Danish Climate Strategy.’
Project Greensand, a carbon capture and storage pilot project; which will potentially store up to 8 million tonnes of CO2 in the Danish North Sea, is moving into its second phase.
A consortium of 29 companies, research institutes and universities have signed an agreement to support the proof of concept (second) phase of the project. The Consortium is filing a grant application with the Energy Technology Development and Demonstration Program in Denmark. If the application is successful, it is anticipated that work on this second phase will begin during the final quarter of 2021.
Project Greensand is led by INEOS Energy, and commercial partners Wintershall Dea and Maersk Drilling. The Geological Survey of Denmark and Greenland is a research partner. During the first phase of the project, the Greensand Consortium demonstrated the viability of the CO2 storage site, the so called Nini West reservoir. The certified assessment puts the storage potential of the site at 0.5-1 million tonnes of CO2 from 2025, increasing to 4-8 million tonnes of CO2 each year by 2030. On this basis the project can account for all the CO2 storage proposed in the Danish Government’s Climate Programme. The project is focused on enabling CO2 captured from onshore facilities to be transported offshore for injection and storage beneath the seabed. The final investment decision for the full-scale project is planned for the second half of 2023. Carbon dioxide storage could begin during 2025.
Consortium participants in phase two include MAKEEN Energy, providing its liquefaction technology and Danish cement producer Aalborg Portland. The CO2 captured from the cement producer will be transported to MAKEEN Energy, where the gas will be liquefied and made ready for transportation and off shore storage.
Mads Weng Gade, Head of Country, Denmark and Commercial Director INEOS Energy said; ‘We now have the consortium in place, and it we are successful in receiving ongoing support from the Danish Government and advisory board, Greensand will be able to take another important step forward in supporting the Danish Climate Strategy.’
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