The Danish government and several political parties have reached an agreement on carbon capture, transport, storage and use (CCUS) in Denmark. The country will allocate DKK16bn (€2.2bn) towards carbon capture and storage subsidies in two phases over the coming decade, starting in 2022. Denmark initially plans to fund CCUS projects in energy and industrial sectors such as cogeneration (CHP) plants, waste incineration and cement production, to kickstart the market. The CCUS agreement also paves the way for establishing local collaborations on capture, transport, storage and use in Copenhagen, Aarhus, Odense, Aalborg, Esbjerg and Fredericia and possibly other major Danish cities, in order to have the first Danish capture and storage facilities (including the first North Sea CCUS project) in operation as early as 2025, delivering 0.4 MtCO2eq/year of emissions reduction from that date. Denmark aims at reducing its greenhouse gas (GHG) emissions by 70% by 2030 compared to 1990 levels.
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