The Danish Energy Agency has awarded two onshore exploration licenses for CO2 storage in Denmark.
Wintershall Dea (40%) with partners INEOS (40%) and Nordsøfonden (20%) were awarded a license in the Gassum formation in Jutland, Denmark. The partners, with Wintershall as operator, will study the formation for potential storage of Danish and European CO2. Given all required approvals by the authorities, the partnership foresees first injection in 2029. Storage capacity is initially estimated to up to 250 million tonnes of CO2 in two separate geological formations 2,000-3,000 m below surface.
Equinor (60%), along with partners Ørsted (20%) and Nordsøfonden (20%), were awarded the CO2 Storage Kalundborg project in the North West Zealand with a reservoir about 1,400 m below ground and a potential capacity to store up to 12 million tonnes/year of CO2. With Equinor as operator, the partners study CO2 storage potential. If the partnership develops the permit into a CO2 storage facility approved by Danish authorities, it could start storage of CO2 at the end of this decade, Equinor said.
According to analysis by the Geological Survey of Denmark and Greenland (GEUS), there is capacity to store 12-22 billion tonnes of CO2 in the Danish subsurface, equivalent to 400-700 times Denmark's annual CO2 emissions.
