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The Carbon Removers to Launch Operations in Denmark, Advancing Biogenic Carbon Removal

Scotland-based carbon removal company, The Carbon Removers, has announced its expansion into Denmark, offering advanced carbon removal services. The company will focus on the safe capture, transport and permanent storage of biogenic CO₂ from Danish sources, contributing to Denmark’s efforts to reduce its carbon emissions.
When 05.11.2024
What
Carbon capture, utilisation and storage Cleantech

In 2024, The Carbon Removers secured a significant contract under the Danish Energy Agency’s Negative Emissions Carbon Capture Storage (NECCS) fund. Beginning in 2026, the company will capture and store 4,650 tonnes of biogenic CO₂ annually, continuing until the contract concludes in 2032.

This initiative forms part of The Carbon Removers’ broader mission to develop high-quality carbon removal projects, targeting the reduction of atmospheric CO₂. Their focus is on biogenic CO₂—produced from organic sources like decomposition, fermentation, and combustion. By capturing CO₂ from biogenic sources, the company ensures that the removal credits generated are genuine contributors to climate change mitigation.

Biogenic CO₂ originates from biological processes involving sustainable biomass, biogas plants, and waste. Once captured, this CO₂ can either be permanently stored underground, achieving negative emissions, or used to replace CO₂ in other sectors—such as producing green fuels or sustainable plastics.

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The contract with the Danish Energy Agency not only highlights the trust and recognition of our technology and delivery capabilities, but also propels us forward in our mission to offer market-leading solutions in carbon removal. By focusing on high-quality engineered carbon removal, we are setting new industry standards and driving innovation within the sector. 

The team at Invest in Denmark have been very helpful in facilitating introductions to relevant stakeholders and potential partners as well as the Danish authorities both when we were initially exploring CCS opportunities and assessing potential risks in Denmark and now as we are preparing to set up operations in Denmark.

Raphael Pfaeltzer Chief Operating Officer & Director, The Carbon Removers.
Raphael Pfaeltzer, Chief Operating Officer & Director, The Carbon Removers.

About the Carbon Removers

The Carbon Removers is at the forefront of engineered biogenic carbon removal, focusing on innovative solutions to permanently remove biogenic CO2 from the atmosphere.  The company's commitment to producing high-quality, permanent carbon removal credits aims to decarbonise hard-to-abate sectors and support organisations in achieving their net-zero targets.

Through strategic partnerships, The Carbon Removers is securing substantial CO2 storage volumes and extending its impact across Europe. Today, the company offers  Puro.earth verified credits, providing permanent carbon removal. The Carbon Removers advocates for the integrity of carbon credits and the need for quality and permanence, aligning with upcoming EU carbon regulations and ensuring their contributions to climate mitigation are effective and verifiable. 

For more information on The Carbon Removers and its projects, visit www.thecarbonremovers.com.

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We are delighted to welcome The Carbon Removers to Denmark and look forward to continue to support them as they help develop carbon capture and storage in Denmark.

Carbon Capture, Utilisation and Storage (CCUS) will be a central element in achieving Denmark’s objective to reduce CO₂ emissions by 70% by 2030 and reach net zero by 2045. Capturing and storing CO₂  is an important part of our decarbonisation strategy and a necessary solution to offset emissions when electrification is not an option as well as for the hard-to-abate industries.

Vanessa Vega Saenz Director, Invest in Denmark.

About CCUS in Denmark

  • The Danish government has set aside DKK 38 billion (EUR 5 billion) to achieve reductions and removals of 3.2 million tons of CO₂ per year from 2029 with The Danish Energy Agency responsible for deploying the funds.

  • Denmark offers great conditions for CO₂ capture, storage and utilisation, and experience within the full CCUS value chain from efficient combined heat and power plants (CHP) to waste-to-energy facilities, energy-efficient industry and a strong transportation sector, district heating grids for utilisation of excess heat, and cutting-edge technology providers.

  • The Geological Survey of Denmark and Greenland (GEUS) calculates that the Danish subsoil can contain up to 22 billion tonnes of CO₂. This corresponds to between 500 and 1000 years of total Danish emissions at current levels and means that Denmark can also become a hub for international storage of CO₂.

  • Four storage projects in development aim to store a total of 33 million tons by 2030 and there will therefore be a great potential for importing CO₂  from neighboring countries

  • Denmark has granted six licenses for exploration for CO₂ storage and has political agreements with several countries for cross-border transportation of CO₂ for geological storage under the seabed.

  • General framework conditions in Denmark are very favourable: a supportive and stable political climate, excellent facilities and funding for R&D and demonstration projects and a large talent pool in a market with many future business opportunities.

  • Denmark also has a high share of renewable energy in its grid (70%), which is key for the production of green hydrogen. Combined with a stable supply of biogenic CO₂ estimated at around 6.5 million tons from incineration and CHP plants and 800,000 tons from current biogas plants, Denmark plans to become a large exporter of e-fuels for maritime, aviation and ground transportation.

  • According to the Danish Energy Agency's latest point source analysis, the full capture potential of all Danish point sources will amount to between 6.9-13.7 million tonnes CO₂ in 2030.

 

Status & timelines: Tenders & Licenses

  • The CCS Fund launched in October 2024, is the third fund administered by the Danish Energy Agency with funding for carbon capture and storage with a budget of DKK 28.7 billion.
  • The first fund, the CCUS pool worth approximately DKK 8 billion, was won by Ørsted. They will capture and store 430,000 tonnes of CO₂ annually from 2026 and for the following 20 years. Ørsted expects to capture and store the first CO₂ from as early as 2025.   
  • The NECCS pool was completed in May 2024, when the Danish Energy Agency contracted three companies to capture and store 160,350 tonnes of biogenic CO₂ annually from 2026 to 2032:
    • BioCirc CO₂ ApS
    • Bioman ApS
    • The Carbon Removers Ltd (formerly named Carbon Capture Scotland Ltd)
  • In June 2024 , onshore licenses were granted to:
    • Wintershall Dea International GmbH and INEOS E&P A/S together with Nordsøfonden for a license to explore Gassum;
    • CarbonCuts A/S together with Nordsøfonden to explore Rødby; and
    • Equinor Low Carbon Solutions Denmark A/S and Ørsted Carbon Solutions A/S to explore Havnsø

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