Conference

Invest in Denmark is co-hosting a CCS conference on 16 January 2025, and offer 30% on the registration

Conference

Invest in Denmark is co-hosting a CCS conference on 16 January 2025, and offer 30% on the registration

How do we transition to a market-driven CCS value chain that enhances industrial competitiveness and supports Europe’s net-zero ambitions? Invest in Denmark and CO2 Hub Europe invites you to CO2nnecting Europe 2025, taking place on 16. January 2025 in Copenhagen.

  • When

    16. January 2025 from 09:00 to 18:00

Opportunity to meet key stakeholders and gain insights

With industry leaders, infrastructure operators, policymakers, and innovators all in one place, this is your opportunity to be part of the discussions that will set the foundation for a sustainable, market-driven CCS industry.

🏢 Venue: Eigtveds Pakhus, Strandgade 25D, 1401 Copenhagen K
🗓️ Time: 16 January 2025 from 8.30-16.45 

 

Sign up with 30% reduction price

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Key Topics to Be Explored:

  • Scaling Carbon Markets – How can the price of CO2 become a real driver for change?

  • Creating Commercial CO2 Frameworks – What is needed to ensure economic sustainability?

  • Making CCS Investable – How can public-private partnerships reduce risks and attract investments?

  • Cross-Border Collaboration – What are the best approaches for CO₂ infrastructure integration?

DKK 28.7 billion CCS tender is currently open to accelerate climate action 

On 9 October 2024, Denmark launched a major Carbon Capture and Storage (CCS) tender, allocating DKK 28.7 billion to advance CO2 capture and storage by 2030. Recognising CCS as crucial for reducing emissions in hard-to-abate sectors, the Danish government plans to integrate CCS with renewable energy initiatives - such as Wind, Solar, and Power-to-X - to meet its ambitious climate targets.



The new CCS fund builds on Denmark’s ongoing efforts in CO₂ capture and storage, increasing the total investment in CCS initiatives to around DKK 38 billion. 

Strengthening Denmark’s CCS Initiatives with New Funding

The new CCS fund builds on Denmark’s ongoing efforts in CO₂ capture and storage, increasing the total investment in CCS initiatives to around DKK 38 billion. This fund follows two prior initiatives:

  • The CCUS Fund: Awarded DKK 8 billion to Ørsted for Denmark’s first full-scale CCS project. Starting in 2026, Ørsted’s Kalundborg Hub will capture and store 430,000 tons of CO₂ annually from biomass-fired heat and power plants.
  • The NECCS Fund: Allocated DKK 2.6 billion to support negative emissions, with contracts awarded in May 2024 to projects capturing and storing 160,350 tons of biogenic CO₂ annually from 2026 to 2032.

The Danish Energy Agency projects that CO₂ capture from Danish sources alone could reach between 5.2 and 10.4 million tons annually by 2040. Regional assessments further suggest Denmark holds a vast storage potential of 12-22 billion tons of CO₂ - equivalent to 400-700 times Denmark’s current annual emissions. To unlock this potential, Denmark has issued six licenses for CO₂ storage exploration, creating opportunities to meet both domestic and cross-border storage needs. This immense capacity underscores Denmark’s potential to emerge as a regional hub within the European CCS market.

Tender specifications:

The CCS tender sets two main deadlines:

  • March 2025: Prequalification deadline for companies.
  • December 2025: Final bid submission deadline.

These steps are structured to ensure a rigorous evaluation and effective progress toward Denmark’s 2030 CO₂ capture targets. Given the substantial public funding, European Commission approval is required under state aid rules to ensure compliance with EU competition standards.

get in touch

We provide free-of-charge confidential and tailor-made solutions for foreign companies looking to set up a new business in Denmark or expand an existing one. Please contact one of our experts here:

Copenhagen

  • Sarina Lohmann

    Title: Special Advisor – Maritime and transport – Analysis & Partnerships

    Area: Copenhagen

    Phone: +4533920423

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