The fund for negative CO2 emissions (NECCS fund) has been completed, and the Danish Energy Agency has awarded contracts to three companies for new CCS projects. Together, the projects will ensure the capture and storage of 160,350 tonnes of CO2 annually during the period 2026 to 2032.
The bids from the three companies have relatively different support levels and the projects will capture and store very different amounts of CO2. Together, the three companies will capture and store 160,350 tonnes of biogenic CO2 starting from 2026 until the end of the contract period in 2032.