With the new CCS strategy, european commission We have outlined a common direction for CO2 capture, utilization and storage in the EU. The strategy emphasizes that Denmark is a pioneer in this field. denmark shipping We predict that Denmark could play a central role.
The strategy was named “.Industrial carbon management strategy” sets out the ambition to create a domestic market for CO2 that benefits both the climate and jobs. All measures aim to meet the EU’s climate change goal of reducing greenhouse gas emissions by 90% by 2040.
This new strategy has been welcomed by members of the Danish Shipping Company.
“CCS is emerging as a key technology to meet both Denmark’s and Europe’s climate goals. Denmark also has the potential to become Europe’s CO2 hub, so it has an important role to play here as well. The strategy emphasizes that a key component is a common European infrastructure, including the establishment of a CO2 pipeline. We fully support this.” Martin Rune Pedersen, Country Manager and Head of CCS, TotalEnergies Denmark.
At the same time, the Council and the European Parliament net zero industry law It is planned to establish at least 50 million tons of CO2 storage capacity per year by 2030, increasing to 280 million tons by 2040.
“The storage potential for CO2 underground in Denmark is much greater than what we can capture and store ourselves. To support the EU’s goals, CO2 must be harnessed internationally. The North Sea By storing CO2 underground, Project Greensand emphasized that the technology behind CO2 capture and storage actually works. CCS is more than just lines on paper or words in a report. The technology is ready, the infrastructure is there. And we need to further promote development as CCS. “We can play an important role in reducing emissions in Denmark and other European countries.” Mads Gade, CEO of INEOS Energy Denmark.
Danish Shipping is pleased that the European Commission recognizes shipping as a central part of the CO2 treatment value chain.
“Denmark is a pioneer in the CCUS field. It is very positive that the EU is now taking an important step towards establishing a national market for the capture, transport, utilization and storage of CO2. “This is a framework that can be scaled up and allows companies to confidently make the necessary investments, for example in ships that can transport CO2.” It has the potential to be a new business adventure for Denmark.” Jacob K. Klaassen, Deputy CEO, Denmark Shipping.